
DeFi Development Corp., a Nasdaq-listed company, has announced a historic partnership with BONK, a Solana-based memecoin community, to co-manage a validator on the Solana blockchain. This collaboration marks the first partnership between a publicly traded company and a memecoin validator. As part of the deal, DeFi Development Corp. plans to integrate BONK's liquid staking token, BONKSOL. The company has also expanded its Solana holdings by acquiring an additional 16,447 SOL tokens, bringing its total to 609,190 SOL, valued at approximately $2.3 million. Following the announcement, DeFi Development Corp.'s stock surged by 30%. The partnership highlights the growing intersection of traditional finance and the crypto ecosystem, particularly within the Solana network.










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