Nasdaq-listed DeFi Development Corp (DFDV) announced plans to deploy a share of its Solana treasury into on-chain yield strategies through a partnership with Solana-native protocol Hylo. The move aims to generate revenue, increase SOL holdings, and support operational expenses while leveraging the growing DeFi ecosystem. Hylo, which has quickly expanded to over $100 million in total value locked, will facilitate compounding of DFDV’s digital assets.
The strategy represents a shift in corporate treasury management, treating crypto holdings as active operational assets rather than static reserves. CEO Joseph Onorati noted that the initiative aligns with the company’s “Treasury Accelerator Program” and broader strategy to optimize on-chain yield opportunities for Solana and related assets. Revenue from the initiative will support day-to-day operations and help reinforce the company’s Solana reserves.
DFDV’s approach reflects an industry trend in which crypto-focused firms increasingly use staking, lending, and DeFi strategies to generate yield from treasury assets. Ethereum and Solana-focused firms, including BitMine, Sharps Technology, and Coinbase, are similarly leveraging on-chain protocols to enhance capital efficiency without liquidating core holdings.
