DeFi Development became the first publicly listed company to hold LST on Solana.
Gate News bot reported that DeFi Development Corp., a crypto assets fund management company focused on Solana, announced in a statement on Wednesday that it has adopted liquid staking token (LST) technology to enhance its fund management and validators' operations. DeFi Development plans to allocate part of its SOL holdings to dfdvSOL, which is a LST built on staking infrastructure developed by liquid staking provider Sanctum. The company stated, "This milestone makes DeFi Dev Corp. the first publicly traded company to hold LST on Solana."
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