DeFi Development launches Solana treasury vehicle in UK market

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DeFi Development Corp. Announces Launch of DFDV UK, First Solana Treasury Vehicle in the United Kingdom

August 29, 2025 8:00 AM EDT

BOCA RATON, FL, Aug. 29, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the Company or DeFi Dev Corp.), the first US public company with a treasury strategy built to accumulate and compound Solana (SOL), today announced the launch of DFDV UK, the first Solana-focused public treasury vehicle in the United Kingdom. DFDV UK will be formed through the recent acquisition of Cykel AI (LSE: CYK.L) by a group of investors, with DeFi Dev Corp. holding an approximate 45% equity stake alongside local management and board members.

The launch marks the... More