DeFi Development Corp.

Until 2025, DeFi Development Corp was a real-estate software firm called Janover, based in Boca Raton, Florida and founded in 2018. That changed when a group of former Kraken executives took control in April 2025 and reinvented it as a crypto treasury company. Its strategy now is narrow and deliberate: raise money through stock and convertible notes, then use it to accumulate and stake Solana, the token at the center of one of the larger blockchains.

The pitch to shareholders is leveraged, publicly traded exposure to SOL, with staking rewards on top, wrapped in a Nasdaq ticker rather than a crypto wallet. The obvious catch is that the share price tends to track the price of Solana closely, so holders take on the token's volatility plus the company's own financing and execution risk.

On MyRWA, DFDV trades tokenized across 6 on-chain venues - see the listings below.