- DFDV launches global accelerator to help regions grow strong Solana treasuries.
- Kraken, Pantera, Arrington partner with DFDV to back Solana expansion.
- Five regions onboarded; DFDV adding new franchise areas every single week.
DeFi Development Corp. (DFDV) has announced a big new plan. The company wants to expand its Solana (SOL) treasury worldwide. DFDV is the first public company with a treasury strategy focused only on Solana. Now, it is optimistic that it can expand its model through collaboration with reliable partners in numerous regions.
DFDV Treasury Accelerator Aims Global Solana Growth with Big Partners
The new program is known as the DFDV Treasury Accelerator. It will assist other organizations to develop their Solana treasuries in other regions across the globe. In order to ensure the success of this, DFDV has partnered with powerful international partners. These are Kraken, Pantera Capital, Arrington, RK Capital and Borderless Capital. Such partners will assist in financing, counsel, and development of appropriate systems.
Meanwhile, DFDV already has five regions in the works for this program. The company is also planning to expand its network around the world by adding more areas every week. This is an indication of the speed at which DFDV desires to expand.
With this strategy, DFDV will provide its franchisees with all that they require to operate successfully. It implies that they will be assisted in operations, strategy and technology. Validator and asset management services will also be facilitated by DFDV. They will advise on the management of treasury funds and to raise more money. The partners will as well have access to the DFDV brand name.
DFDV on its part will maintain an interest in every local treasury. This will ensure that every partner has common objectives. The company will be able to occupy seats on the board and have a voice in the decisions. They will also get profits of validators and staking. This keeps all the people motivated in building the Solana network.
According to Joseph Onorati, the CEO of DFDV, this is the most effective way of expanding at a high rate and not losing their own company. He clarified that DFDV is providing its partners with a proven method of increasing Solana holdings. He further said that the potential of success is massive since Solana continues to gain popularity.
Solana Gains 20% in Month, DFDV Bets Big on Validators
Meanwhile, several businesses are beginning to store crypto in their balance sheets. Others would like to follow MicroStrategy in its Bitcoin action. For example, SharpLink Gaming launched an ether treasury scheme and appointed Joseph Lubin, Ethereum co-founder, as chairman. Bit Digital abandoned Bitcoin mining to instead engage in ETH staking.
Solana is emerging as one of the best blockchains. It is five years old yet it has attracted lovers because of its swift transacting and low expenses. CoinMarketCap data shows that the value of Solana has increased by 13% over the past year. It has increased nearly 20% in only the last month.
DFDV does not only intend to purchase Solana tokens but also validators. Validators assist in operating the Solana system by verifying transactions. DFDV will be rewarded by staking their SOL tokens. This assists in increasing their SOL treasury further.
Moreover, the franchise model of DFDV indicates another method of gaining crypto funds. It is also indicated that DFDV is eager to lead Solana finance. Integrating validator income, equity shares, and blockchain tools, the company intends to increase its SOL per share in the long run.
DFDV reports that it will provide more updates in the future. The company will make new partners and regions known in the next few weeks. This plan will be followed by many in the crypto world to determine how Solana investing will be in the future.
