Crypto accumulator DeFi Development to expand globally by franchising its Solana treasury model

What caught my attention is DeFi Development is hoping to expand internationally through a franchise model

Additionally, The company plans to partner with others looking to operate their own Solana treasuries with DeFi's support, amid market uncertainty

At the same time, In return, DeFi Development will retain an equity stake in each regional vehicle

Nevertheless, In addition to accumulating Solana tokens, the company will acquire validators that can be used to "stake" the tokens

In this articleDFDV your favorite stocksCREATE FREE ACCOUNT Omar Marques | Sopa Images | Lightrocket | Getty ImagesDeFi Development, a company vying to be the MicroStrategy of Solana, is expanding internationally through a franchise model

The company plans to partner with others looking to operate their own Solana treasuries with DeFi's support

In return, DeFi Development will retain an equity stake in each regional vehicle

Market analysis shows initiative will be branded DFDV Treasury Accelerator. "Most crypto treasury vehicles today are ing the MicroStrategy model

What excites us DFDV is that they're not just copying the playbook, in this volatile climate

Meanwhile, They're evolving it," said Cosmo Jiang, general partner at investor Pantera Capital (quite telling). "By combining validator infrastructure, capital innovation, and now international expansion via a global franchising model, DFDV is building something structurally different and ahead of the curve. "Pantera was also an anchor investor in Bitmine Immersion nologies, an ether treasury firm backed by Peter Thiel and chaired by Fundstrat's Tom Lee

Moreover, Kraken, Arrington, RK Capital and Borderless Capital may also support the franchise initiative through a potential investment and treasury and fundraising guidance, as well as infrastructure – which could include validator and custody solutions

However, The move comes amid an explosion in companies pursuing crypto treasury strategies or merging with public entities to be able to emulate MicroStrategy's success in bitcoin, considering recent developments

In addition to Bitmine, the publicly listed betting platform SharpLink Gaming in May initiated an ether treasury strategy and appointed Ethereum co-founder Joseph Lubin as chairman of its board, in this volatile climate

Bit Digital recently exited bitcoin mining to focus on its ETH treasury and staking plans

Nevertheless, Solana is a five-year-old public blockchain platform that mises to vide fast transaction speeds as well as low fees for developers and users

However, Solana's value is up 7% over the past year, with a nearly 10% gain within the past month, according to Coin Metrics

In addition to accumulating Solana tokens, the company will acquire validators (the computers that help run the Solana network by verifying transactions) that can be used to "stake" the tokens

Through staking, users earn rewards for locking up SOL tokens on the network (this bears monitoring)

However, 8 million s outstanding, its SOL per stands at 0. 0457, it said

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