DeFi development accelerates 30% amid BONK validator alliance and boosted SOL purchases.

DeFi Development Corp. (NASDAQ: DFDV) surged 30% on Friday after announcing a new collaboration with Solana’s memecoin BONK and expanding its SOL token holdings.

The company, which transitioned from a real estate technology business to a Solana-centric blockchain firm, revealed it will jointly operate a Solana validator with BONK — marking the first time a public company and a memecoin community have partnered on shared staking infrastructure. This alliance also involves integrating BONK’s liquid staking token, BONKSOL, with plans to grow the validator’s stake and split the rewards.

Nom, a core contributor at BONK, stated, “Partnering with DeFi Development aligns with BONK’s mission to empower the community and boost Solana adoption. Together, we strengthen Solana’s decentralized infrastructure while pioneering how community tokens can scale sustainably.”

Just one day before the announcement, DFDV acquired an additional 16,447 SOL tokens at an average price of $139.66, increasing its total holdings to 609,190 SOL — valued at over $107 million. The company purchased the tokens at a discount, below the current market price, in line with its strategy to acquire locked tokens at favorable rates.

Previously known as Janover and focused on real estate technology, DeFi Development made a significant pivot following a majority stake acquisition by former Kraken executives last month. The company has since embraced the Solana ecosystem, operating validators and accumulating SOL tokens. This move places DFDV among the growing list of publicly traded firms adopting digital assets, following a playbook similar to bitcoin-centric Strategy (MSTR).

Since the pivot, DFDV’s stock price has skyrocketed more than 2,800%, closing at approximately $118 on Friday.