DeFi Development Corp buys Solana validator for $3.5 million

DeFi Development Corp., a real estate software firm focused on Solana (CRYPTO:SOL) blockchain assets, announced the acquisition of a Solana validator business for $3.5 million.

The transaction includes $3 million paid in restricted company stock and $500,000 in cash, according to the company’s Monday release.

The acquired validator has an average delegated stake of 500,000 SOL, valued at approximately $75.5 million, positioning DeFi Development Corp. to validate transactions directly on the Solana network.

Following the acquisition, the validator will be rebranded under DeFi Development Corp., and the company plans to self-stake its existing holdings of 37,273 SOL, worth around $47.9 million, through the validator.

“Owning and operating validators with significant delegated stake puts us at the core of Solana,” stated Parker White, Chief Investment and Operating Officer.

He added that the acquisition is expected to generate “protocol-native cashflow” and provide “risk-adjusted returns superior to holding SOL outright.”

DeFi Development Corp. adopted a Solana-focused treasury policy in 2025, aiming to offer investors transparent exposure to the blockchain’s layer one ecosystem.

The company’s balance sheet lists SOL as its main treasury reserve asset.

In addition to its blockchain activities, DeFi Development Corp. operates an AI-driven platform serving over one million users annually in commercial real estate.

Its software-as-a-service products provide data tools for multifamily and commercial debt financing, catering to property owners, lenders, and developers.

At the time of reporting, the Solana price was $144.90.