BOCA RATON, Fla., May 14, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (NASDAQ:DFDV) ("DeFi Dev Corp" or the "Company"), a public-market vehicle focused on long-term Solana ("SOL") accumulation, today announced financial results for the first quarter ended March 31, 2025, and provided a strategic update on recent treasury activity. Q1 2025 Financial Highlights: 379% year-over-year improvement in annual recurring revenue related to SaaS businessSaaS revenue of approximately $191,000, up 163% year-over-year31% year-over-year improvement in cash flow from operations19% year-over-year improvement in net loss from operations Strategic and Operational Highlights (Past 30 Days): Executed S

BOCA RATON, FL, May 13, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (NASDAQ:DFDV) ("DeFi Dev Corp" or the "Company") today announced that it will host a live X Spaces conversation on Wednesday, May 14, 2025, at 1:30 p.m. Eastern Time, featuring members of its senior leadership team. The discussion will include: John Han, Chief Financial OfficerDan Kang, Head of Investor RelationsPete Humiston, Head of Research and ContentParker White, Chief Operating Officer and Chief Investment Officer The conversation will focus on the backgrounds of Defi Dev Corp's new team members, their journeys into crypto, and recent news in the crypto treasury space. Join the conversation: https://twitter.c

BOCA RATON, FL, May 12, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (NASDAQ:DFDV) (the "Company") announced today the purchase of 172,670 Solana ("SOL") at an average purchase price of $136.81 and valued at approximately $23.6 million. This marks the Company's 10th Solana purchase under its digital asset treasury strategy and the largest purchase to date. Following the transaction, DeFi Development Corp. now holds a total of 595,988 SOL, valued at approximately $102.7 million, inclusive of staking rewards. Below is a summary of DeFi Dev Corp's current SOL position and key per-share metrics as of May 12, 2025: Total SOL Held: 595,988Total SOL Held (USD): approximately $102.7 millionTo

BOCA RATON, FL, May 08, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (NASDAQ:DFDV) (the "Company") announced today the purchase of 20,473 Solana ("SOL") valued at approximately $2.97 million. This marks the Company's ninth Solana purchase under its digital asset treasury strategy. Following the transaction, DeFi Development Corp. now holds a total of 420,690 SOL, valued at approximately $61.9 million, inclusive of staking rewards. Below is a summary of DeFi Dev Corp's current SOL position and key per-share metrics as of May 08, 2025: Total SOL Held: 420,690Total SOL Held (USD): approximately $61.9 millionTotal Shares Outstanding: 2,011,887SOL per Share ("SPS"): 0.209SPS (USD): $30.78

BOCA RATON, FL, May 08, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (NASDAQ:DFDV) ("DeFi Dev Corp" or the "Company"), or formally known as Janover Inc. (NASDAQ:JNVR), today announced the closing of its previously announced private investment in public equity ("PIPE") financing. The PIPE resulted in gross proceeds of approximately $24 million to the Company, before placement agent fees and offering expenses. Pursuant to the terms of the securities purchase agreement, the Company sold 315,838 shares of its common stock and pre-funded warrants to purchase an aggregate of 207,679 shares of its common stock. The purchase price for the shares of common stock was $46.00 per share and the pur

BOCA RATON, FL, May 07, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (NASDAQ:DFDV) ("DeFi Dev Corp" or the "Company"), or formally known as Janover Inc. (NASDAQ:JNVR), the leading public-market vehicle for Solana ("SOL") accumulation, today announced that its Board of Directors has approved a 7-for-1 forward stock split of the Company's issued and outstanding common shares. The stock split will result in each shareholder of record as of the close of business on May 19, 2025, receiving six additional shares for every one share held. The implementation of the stock split is subject to the filing of an amendment to the Company's Amended and Restated Certificate of Incorporation with the S

BOCA RATON, FL, May 06, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (NASDAQ:DFDV) ("DeFi Dev Corp" or the "Company"), or formally known as Janover Inc. (NASDAQ:JNVR), today announced the purchase of approximately 82,404.50 Solana (SOL) tokens. Following this transaction, DeFi Development Corporation now holds approximately 400,091 SOL, valued at $58.5 million, including staking rewards. Below is a summary of DeFi Dev Corp's current SOL position and key per-share metrics as of May 06, 2025: Total SOL Held: 400,091$ Value of SOL Held: approximately $58.5 millionTotal Shares Outstanding: 2,001,887SOL per Share ("SPS"): 0.199SPS (USD): $29.24 A portion of the Solana acquired includes lo

BOCA RATON, FL, May 05, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (NASDAQ:DFDV) ("DeFi Dev Corp" or the "Company") the leading public-market vehicle for Solana (SOL) accumulation, today announced that it has entered into a definitive agreement to acquire a Solana validator business with an average delegated stake of approximately 500,000 SOL ($75.5 million). The purchase price of $3.5 million will be satisfied through a combination of $3 million in restricted DFDV stock and $500,000 in cash. Upon completion, the validator operation will be rebranded to DeFi Development Corp., its staking rewards will be integrated into the Company's revenue streams, and all SOL owned by DeFi Developm

BOCA RATON, FL, May 02, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (NASDAQ:JNVR) ("DeFi Dev Corp" or the "Company") announced today that it will begin trading under its new ticker symbol "DFDV" on the Nasdaq Capital Market, effective at market open on May 5, 2025. The change reflects the Company's previously announced corporate name change, deemed market effective by Nasdaq from May 5, 2025, and declared effective as of April 17, 2025 (as previously disclosed), and its strategic shift toward a crypto-forward treasury model anchored in Solana (SOL). As of May 5, 2025, all Company stock trading, filings, and market related information will be reported under the new symbol "DFDV". The C

BOCA RATON, May 01, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (NASDAQ:JNVR) ("DeFi Dev Corp" or the "Company") today announces that it has entered into a securities purchase agreement for a private investment in public equity ("PIPE") financing that is expected to result in gross proceeds of approximately $24 million to the Company, before placement agent fees and offering expenses. Investors include Galaxy Digital, Amber International Holding Limited (NASDAQ:AMBR), Arrington Capital, Republic Digital, Borderless Capital, RK Capital, and Great Point Capital. Pursuant to the terms of the securities purchase agreement, the Company is selling an aggregate of approximately 310,000 share

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BOCA RATON, FL, April 23, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corporation (NASDAQ:JNVR) (the "Company") today announced the appointment of Fei "John" Han as Chief Financial Officer, as well as Dan Kang ("DK") as Head of Investor Relations. The new appointments underscore the Company's commitment to building a world-class financial and investor relations function as it scales its crypto-forward treasury strategy. Han brings over 15 years of experience across traditional finance and crypto, with a track record of leadership at some of the crypto industry's most recognized institutions. Most recently, he served as CFO at blockchain-company Provable, and prior to that, held multiple sen

BOCA RATON, FL, April 16, 2025 (GLOBE NEWSWIRE) -- Janover Inc. (NASDAQ:JNVR) ("Janover" or the "Company"), today announced that it will host a live X Spaces conversation on Friday, April 18th, 2025, at 2:30 p.m. Eastern Time, featuring members of its senior leadership team. The discussion will include: Joseph Onorati, Chairman and Chief Executive OfficerParker White, Chief Operating Officer and Chief Investment OfficerDan Kang, Head of Investor Relations The conversation will focus on NAV Premiums of crypto treasury vehicles, including structural considerations and recent market activity. To join the event, visit: https://x.com/i/spaces/1vOxwXpRObMKB/. The Company does not intend to

BOCA RATON, FL, April 09, 2025 (GLOBE NEWSWIRE) -- Janover Inc. (NASDAQ:JNVR) ("Janover" or the "Company"), today announced that it will host a live X Spaces conversation on Thursday, April 10, 2025, at 2:30 p.m. Eastern Time, featuring members of its senior leadership team. The discussion will include: Joseph Onorati, Chairman and Chief Executive OfficerParker White, Chief Operating Officer and Chief Investment OfficerMarco Santori, Board Member and former Chief Legal Officer of Kraken The conversation will focus on the backgrounds of Janover's new executive team, the rise of crypto treasury models, MicroStrategy, and the broader implications for crypto. To join the event, visit: http

BOCA RATON, FL, April 07, 2025 (GLOBE NEWSWIRE) -- An all-former-Kraken team dedicated to bridging the liquidity gap between Traditional Finance (TradFi) and Decentralized Finance (DeFi) has acquired majority ownership in Janover Inc. (NASDAQ:JNVR) ("Janover" or the "Company"). The Board of Directors appointed Joseph Onorati as Chairman and CEO of the Company, and Parker White as Chief Investment Officer and Chief Operating Officer. Janover Founder Blake Janover and Director and Audit Committee Chair William Caragol will remain on the board. Marco Santori, former Chief Legal Officer of Kraken, will join the board. Joseph Onorati and Parker White are part of the control group that acquire