DeFi Development, a Solana-based company, is expanding globally through a franchise model that will allow others to operate their own Solana treasuries with DeFi's support. In return, DeFi Development will retain an equity stake in each regional vehicle. Pantera Capital has invested in the initiative, and other investors such as Kraken, Arrington, RK Capital, and Borderless Capital may also support it. The move follows an explosion of companies pursuing crypto treasury strategies.
DeFi Development, a prominent Solana-based company, has announced a strategic expansion plan through a franchise model that will enable others to operate their own Solana treasuries with DeFi's support. In return, DeFi Development will retain an equity stake in each regional vehicle. This initiative is part of a broader trend of companies adopting crypto treasury strategies.
The company, which aims to be the MicroStrategy of Solana, plans to partner with entities seeking to establish their own Solana treasuries. This move follows an increasing number of companies pursuing similar strategies, as seen with BIT Mining's recent pivot to Solana [1].
Pantera Capital, an anchor investor in BIT Mining Immersion Technologies, has invested in DeFi Development's franchise initiative. Other potential supporters include Kraken, Arrington, RK Capital, and Borderless Capital, who may provide treasury and fundraising guidance, as well as validator and custody solutions [2].
DeFi Development's treasury currently holds over 1.2 million SOL, valued at approximately $50 million, and operates validator nodes on the Solana network. The company has set a goal to reach 1 SOL per share by 2028, as part of its long-term strategy to build a significant Solana treasury [2].
The partnership between DeFi Development and Switchboard Technology Labs represents a bold step toward bridging the gap between traditional finance and blockchain innovation. By focusing on real-world asset (RWA) tokenization infrastructure on the Solana network, the collaboration addresses critical challenges in decentralized finance, such as data reliability and institutional trust [3].
DeFi Development's treasury, paired with Switchboard's decentralized oracle infrastructure, creates a robust foundation for RWA applications. The global market for tokenized assets is projected to reach $16 trillion by 2030, with commercial real estate and commodities leading the charge. This partnership could capture a significant slice of this market [3].
References:
[1] https://bravenewcoin.com/insights/bit-mining-expands-into-solana-with-300m-investment-strategy
[2] https://www.cnbc.com/2025/07/17/crypto-accumulator-defi-development-to-franchise-its-solana-treasury-model.html
[3] https://www.ainvest.com/news/defi-development-switchboard-pioneering-real-world-asset-tokenization-solana-2507/
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