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DeFi Development Corp. Reports 2,600,948 in Solana (SOL) and Equivalents

The balance was 5,336 higher than the amount reported for Oct. 23. CEO Joseph Onorati said tokenization matters to Solana’s long-term development.

Updated 1 min read
Palm trees frame an office building entrance on Congress Avenue in Boca Raton, Florida. / EconoTimes.ai
Palm trees frame an office building entrance on Congress Avenue in Boca Raton, Florida. / EconoTimes.ai

DeFi Development Corp.’s Solana (SOL) and equivalent holdings stood at 2,600,948 as of Oct. 30, while CEO Joseph Onorati said tokenization matters to the network’s long-term development.

The Nov. 2 SEC filing showed the reported total had risen by 5,336 from 2,595,612 as of Oct. 23. EconoTimes previously covered that earlier balance in its report on DeFi Development’s Solana holdings.

Onorati’s comments appeared in the company’s release. DeFi Development says its staking and validator activities earn rewards and fees from delegated SOL.

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