PANews reported on May 5 that according to The Block, DeFi Dev Corp. (DFDV) announced that it has acquired a Solana validator business with a delegated staking scale of 500,000 SOL, worth approximately US$72.5 million. The acquisition will be completed through the issuance of US$3 million in restricted stock and US$500,000 in cash, with a total amount of approximately US$3.5 million.

The company said the acquisition will help accelerate its financial strategy, expand SOL exposure, and strengthen Solana’s decentralized infrastructure, and all staking rewards will be directly included in DFDV’s company revenue.