ProCap, a Bitcoin treasury firm led by Anthony Pompliano, has acquired 3,724 Bitcoin valued at approximately $395 million, signaling a strong commitment to cryptocurrency amidst its upcoming public listing via
Whale accumulation and new on-chain projects on Aerodrome could spark an upward move for AERO.
BitcoinWorld Unlocking Growth: Bitcoin’s Remarkable Surge in Investor Portfolios to 30.9% The cryptocurrency landscape is constantly evolving, but few shifts are as significant as the increasing dominance of Bitcoin in investor portfolios. What was once considered a niche, volatile asset is rapidly solidifying its position as a cornerstone of digital wealth, especially for sophisticated players. A recent report by Bybit, highlighted by Cointelegraph, reveals a truly compelling trend: the share of Bitcoin portfolio holdings has seen a remarkable surge, climbing from 25.4% in November last year to an impressive 30.9% as of May. This isn’t just a minor fluctuation; it signals a profound change in how investors, particularly large institutions, view and integrate the world’s leading cryptocurrency into their financial strategies. The Ascendance of Bitcoin in Investor Portfolios: What Does it Mean? This notable increase in Bitcoin’s allocation within crypto investor portfolios isn’t happening in a vacuum. It reflects a growing confidence and maturation of the asset class. For years, Bitcoin has been lauded as ‘digital gold’ and a hedge against inflation, but its journey into mainstream finance has been gradual. The Bybit report provides tangible evidence that this integration is accelerating. The jump from a quarter to nearly a third of a typical crypto portfolio dedicated to BTC suggests a strategic re-evaluation by investors who are increasingly prioritizing stability and long-term value in a dynamic market. This shift has several layers of implications: De-risking Portfolios: For many, Bitcoin represents a less volatile alternative compared to the broader altcoin market, especially during periods of uncertainty. Its growing market capitalization and liquidity make it a more robust store of value. Institutional Validation: The primary driver behind this growth, as we’ll explore, is the influx of institutional capital. When large financial entities commit significant funds, it sends a powerful signal of legitimacy to the entire market. Benchmark Asset: Bitcoin is increasingly becoming the benchmark against which other cryptocurrencies are measured. Its performance often dictates the sentiment across the wider crypto ecosystem. Long-Term Strategy: The increased allocation indicates a long-term strategic play rather than short-term speculation. Investors are holding BTC with a view towards its enduring value proposition. Institutional Bitcoin Investment: The ETF Catalyst The catalyst for this monumental shift is undeniably the launch of spot Bitcoin Exchange-Traded Funds (ETFs) in the United States. These investment vehicles have revolutionized access to Bitcoin for a wide array of investors, particularly traditional financial institutions that were previously hesitant or unable to directly hold cryptocurrencies due to regulatory complexities or operational hurdles. Spot BTC ETFs provide a regulated, familiar, and highly liquid avenue for exposure to Bitcoin’s price movements without the need for direct custody or managing private keys. The impact of these ETFs has been profound: Bridging Traditional Finance and Crypto: ETFs act as a crucial bridge, allowing pension funds, endowments, wealth managers, and corporate treasuries to seamlessly add Bitcoin to their diversified portfolios. This eliminates many of the operational and compliance challenges associated with direct crypto purchases. Massive Capital Inflow: Since their inception, spot BTC ETFs have attracted billions of dollars in fresh capital, much of which is new money entering the crypto space from traditional finance. This consistent demand has been a significant factor in Bitcoin’s price performance and its growing portfolio share. Enhanced Liquidity: The sheer volume of trading in these ETFs contributes to Bitcoin’s overall market liquidity, making it easier for large players to enter and exit positions without significantly impacting prices. Increased Market Transparency: As regulated products, ETFs bring a layer of transparency and oversight that was previously less prevalent in the direct crypto market, further assuaging institutional concerns. The very existence of these ETFs is a testament to Bitcoin’s journey from a fringe asset to a recognized component of the global financial system. It underscores the growing consensus among financial professionals that Bitcoin is here to stay and deserves a place in diversified investment strategies. Corporations Embracing Bitcoin as Corporate Treasury Assets Beyond traditional financial institutions, a fascinating trend highlighted by the Bybit report is the increasing number of corporations adding Bitcoin as a treasury asset. Data from BitcoinTreasuries.NET corroborates this, showing a near doubling of firms holding BTC on their balance sheets in just a few weeks – from 124 to over 244 companies. This isn’t just about investment; it’s about strategic corporate finance. Why are corporations, from tech giants to smaller enterprises, making this move? Inflation Hedge: In an era of persistent inflation concerns, companies are seeking alternative stores of value beyond traditional fiat currencies, which can lose purchasing power over time. Bitcoin’s fixed supply and decentralized nature make it an attractive option. Balance Sheet Optimization: Holding Bitcoin can be seen as a way to diversify corporate reserves and potentially generate returns on idle cash that would otherwise be subject to inflationary erosion. Forward-Thinking Strategy: Companies adopting Bitcoin early demonstrate a forward-thinking approach, positioning themselves at the forefront of digital asset innovation. This can appeal to tech-savvy investors and customers. Competitive Advantage: For some businesses, particularly those operating in or around the blockchain space, holding Bitcoin aligns with their core mission and can offer a competitive edge. The growing list of companies publicly declaring their Bitcoin holdings, with pioneers like MicroStrategy leading the charge, illustrates a broader acceptance of Bitcoin as a legitimate and valuable corporate asset. This institutional and corporate embrace provides a robust foundation for Bitcoin’s continued growth and stability within the global financial ecosystem. Navigating Current Crypto Market Trends with Bitcoin at the Helm The increased share of Bitcoin in investor portfolios also significantly influences broader crypto market trends . Bitcoin’s dominance typically waxes and wanes, but its current upward trajectory in portfolio allocation suggests a flight to quality or a consolidation of investment into the market leader. When Bitcoin performs strongly and attracts significant institutional capital, it often sets the tone for the entire crypto market. Key observations regarding these trends include: Bitcoin Dominance Effect: A higher Bitcoin allocation in portfolios can sometimes lead to a period where Bitcoin outperforms altcoins, as capital flows into the largest and most liquid asset. This doesn’t mean altcoins are irrelevant, but it highlights Bitcoin’s role as the primary entry point and store of value for many. Market Maturation: The shift towards Bitcoin signifies a maturing market where investors are becoming more discerning. Rather than chasing every new altcoin, there’s a growing preference for established, secure, and widely adopted assets. Risk Management: For many professional investors, increasing Bitcoin exposure is part of a calculated risk management strategy. While still volatile, Bitcoin is generally perceived as having lower idiosyncratic risk compared to smaller, less liquid cryptocurrencies. Regulatory Clarity: As more jurisdictions move towards clearer regulatory frameworks for digital assets, Bitcoin often benefits first, as it is the most recognized and least likely to be classified as a security in many regions. Understanding these dynamics is crucial for any investor looking to navigate the complexities of the digital asset space effectively. Bitcoin’s position as the market’s anchor asset means its movements and institutional adoption often foreshadow broader market sentiment and direction. Deeper Dive into Bybit Report Analysis: Actionable Insights for Investors The insights from the Bybit report analysis offer valuable guidance for both seasoned crypto veterans and newcomers. While the report highlights a significant shift among large investors, it provides a blueprint for how individual investors might consider optimizing their own portfolios. It’s not merely about following the crowd, but understanding the underlying rationale behind these major movements. Here are some actionable insights derived from the report’s findings: Re-evaluate Your Bitcoin Allocation: If your Bitcoin exposure is significantly lower than the reported 30.9% average for crypto investors, it might be worth re-evaluating your portfolio’s balance. Consider whether your current allocation aligns with your risk tolerance and long-term investment goals. Understand the ‘Why’ Behind Institutional Adoption: Don’t just focus on the numbers; delve into why institutions are increasingly comfortable with Bitcoin. This includes its finite supply, decentralization, network security, and its growing acceptance as a legitimate asset class via ETFs. Diversification Remains Key: While Bitcoin’s share is growing, it doesn’t mean a 100% BTC portfolio is suitable for everyone. Diversification across a select number of strong altcoins with clear use cases and solid fundamentals can still offer significant growth potential. However, the report suggests a foundational emphasis on Bitcoin. Stay Informed on Regulatory Developments: The success of spot BTC ETFs underscores the importance of regulatory clarity. Keep an eye on global regulatory trends, as they can significantly impact institutional interest and market liquidity. Long-Term Horizon: The institutional accumulation of Bitcoin points towards a long-term bullish outlook. For retail investors, this reinforces the strategy of dollar-cost averaging and holding for the long term, rather than trying to time short-term market fluctuations. It’s important to remember that all investments carry risk, and the crypto market is known for its volatility. However, the data from Bybit suggests a growing maturity and institutional validation that could lead to more stable growth trajectories for Bitcoin in the future. Conclusion: Bitcoin’s Unstoppable Ascent in the Investment World The latest Bybit report serves as a powerful testament to Bitcoin’s undeniable ascent in the investment world. The remarkable growth of its share in crypto investor portfolios, from 25.4% to 30.9%, is not merely a statistical anomaly but a clear indicator of a fundamental shift. This transformation is largely fueled by the groundbreaking introduction of spot BTC ETFs, which have unlocked unprecedented avenues for institutional capital to flow into the digital asset space. Furthermore, the near doubling of corporations adding Bitcoin to their treasury assets underscores a broader, strategic recognition of its value as an inflation hedge and a robust balance sheet component. As Bitcoin continues to cement its position as the undisputed king of cryptocurrencies, its growing institutional adoption and increasing portfolio dominance signal a maturing market and a future where digital assets play an ever more central role in global finance. For investors, understanding these profound shifts is crucial for navigating the evolving landscape and positioning their portfolios for future success. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption . This post Unlocking Growth: Bitcoin’s Remarkable Surge in Investor Portfolios to 30.9% first appeared on BitcoinWorld and is written by Editorial Team
Meliuz, previously known for its cashback operations, has become the largest holder of bitcoin in Latam, surpassing Mercado Libre. Meliuz Chairman Israel Salmen stated that with the latest purchase, the company now holds nearly 600 BTC and aims to acquire more. Meliuz Blazes Past Mercado Libre to Become Largest Public Bitcoin Company in Latin America
The firm, which intends to go public via a SPAC deal with Columbus Circle Capital, added 3,724 Bitcoin to its balance sheet this week.
Solana token launchpad Pump.fun is heating up with wild livestreams, including a wedding and one guy saying "Pumpfun" a million times.
A group of senior Senate Republicans has released a set of core principles outlining how they want the United States to regulate its digital asset markets. The announcement , made Tuesday morning, comes as lawmakers prepare for a new round of discussions seeking to build a legislative framework for crypto in the U.S. Senator Tim Scott, GOP Allies Lay Groundwork for Crypto Regulation Framework The principles were put forward by Senator Tim Scott, ranking member of the Senate Banking Committee, along with Senators Thom Tillis, Bill Hagerty, and Cynthia Lummis. Their proposal marks the Senate’s clearest indicator yet that it is ready to engage with the House in shaping broad crypto market structure laws. “These principles will serve as an important baseline for negotiations on this bill, and I’m hopeful my colleagues will put politics aside and provide long-overdue clarity for digital asset regulation,” Senator Scott said. NEW: Here are @BankingGOP ’s newly released market structure principles signed by @SenatorTimScott , @SenLummis , @SenatorHagerty and @SenThomTillis . The doc lays out what the discussion draft of the bill (yet to be released) aims to accomplish. https://t.co/q4G2Cuco5D pic.twitter.com/4Bvisg907X — Eleanor Terrett (@EleanorTerrett) June 24, 2025 The GOP framework calls for clearer distinctions between securities and commodities in crypto, a shared oversight model between agencies, and protections against the emergence of a single all-powerful regulator. It also includes targeted anti-money laundering rules described as “pro-innovation” and encourages federal regulators to use tools like no-action letters, sandboxes, and safe harbors to work more closely with crypto projects. Tuesday’s announcement comes ahead of a hearing by the Senate Banking Committee’s subcommittee on digital assets. Senator Lummis, who chairs the subcommittee, said the U.S. has been falling behind global peers. “While the European Union and Singapore have established clear regulations, the U.S. continues to sit on the sidelines while the digital asset industry seeks greener pastures,” she said. “That changes today.” NEW: @SenatorTimScott , @SenLummis , @SenThomTillis , & @SenatorHagerty unveiled principles for digital asset market structure legislation. These will guide bipartisan efforts to bring regulatory clarity, foster innovation, & protect investors. Read more: https://t.co/5NVwlsUvlZ — U.S. Senate Banking Committee GOP (@BankingGOP) June 24, 2025 A Senate hearing was held Tuesday afternoon to begin examining market structure policy in greater detail. Witnesses included legal representatives from Coinbase and Multicoin Capital, as well as a digital finance expert from the University of Pennsylvania’s Wharton School. The discussion was billed as one of the Senate’s first major steps following its recent passage of the stablecoin-focused GENIUS Act . That bill passed the Senate on June 17 in a 68–30 vote , drawing support from nearly all Republicans and 18 Democrats. The legislation is now with the House of Representatives, where lawmakers are weighing how to proceed. Options under consideration include passing the bill unchanged, merging it with the House’s version of stablecoin legislation, or combining it with the market structure bill in a broader package. Trump Demands Fast-Track for Stablecoin Bill as House Weighs Broader Crypto Package President Donald Trump has urged the House to move “LIGHTNING FAST” and send the stablecoin bill to his desk without changes . “The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets,” Trump posted on Truth Social. “Get it to my desk, ASAP—NO DELAYS, NO ADD ONS.” Trump has urged the House to pass the GENIUS bill without delay or amendments, calling for it to be sent to his desk immediately after approval. #GENIUS #Stablecoins https://t.co/Oat2MMoJyq — Cryptonews.com (@cryptonews) June 19, 2025 However, House Financial Services Chairman French Hill has said he wants to move the stablecoin and market structure bills together. That could complicate things, especially if the Senate introduces its own version of the market structure legislation rather than adopting the House’s CLARITY Act. The House has already made progress on the CLARITY Act , which passed through both the Financial Services and Agriculture Committees earlier this month. The bill is expected to head to the House floor soon. Lawmakers on the US @HouseAgGOP have voted 47-6 to advance the CLARITY Act. #CryptoRegulation #Clarity https://t.co/qJvKBIHl50 — Cryptonews.com (@cryptonews) June 10, 2025 As both chambers weigh their options, questions remain over how much bipartisan agreement can be reached, especially with Democrats raising concerns about crypto’s role in illicit finance and the personal ties between the Trump family and the industry. Several lawmakers have expressed skepticism about how the legislation could benefit Trump or his allies, citing memecoins, digital asset donations, and connections to the World Liberty Financial platform. Still, Senator Lummis emphasized that last week’s vote was just the beginning. “The stablecoin bill is only the first step,” she said on the Senate floor. “Now we must finish what we started and pass a strong market structure bill before the year ends.” For now, both chambers are continuing on separate but parallel tracks. Whether they can align before the November elections is still unclear. But Tuesday’s hearing and the release of formal Senate principles suggest the groundwork for compromise is now in place. The post Senate GOP Unveils Bold Crypto Market Structure Principles – Here’s What Could Change appeared first on Cryptonews .
BitcoinWorld Ledger Recovery Key: The Ultimate Leap in Offline Crypto Security In the rapidly evolving world of cryptocurrency, the mantra ‘not your keys, not your crypto’ rings truer than ever. Yet, the challenge of securely managing and recovering these critical private keys remains a significant hurdle for many. Enter the Ledger Recovery Key , a groundbreaking development from Ledger, a leading name in crypto hardware wallets. This new tool promises to redefine how users safeguard their digital assets, offering an offline, ID-free solution for private key recovery. It’s a pivotal step towards truly empowering self-custody, addressing long-standing concerns about security, privacy, and user control in the crypto space. What is the Revolutionary Ledger Recovery Key? For years, Ledger has been at the forefront of providing robust hardware wallet security . Their devices are designed to keep your private keys isolated from internet-connected devices, drastically reducing the risk of cyber theft. However, the process of recovering access to your funds if your device is lost or damaged has always presented a unique challenge. Traditionally, this relies on a 24-word seed phrase, which, while secure, requires meticulous offline storage and careful handling. The newly launched Ledger Recovery Key (distinct from the earlier, cloud-based ‘Ledger Recover’ service which faced community backlash) is an innovative, NFC-based offline tool specifically designed for users of Ledger Flex or Stax wallets. Here’s how it works at a high level: Offline Operation: Crucially, this device operates entirely offline. It does not connect to the internet, eliminating vulnerabilities associated with online data exposure. NFC-Based Interaction: Users simply tap a smart card (which presumably holds an encrypted shard of their private key) to the NFC-enabled Ledger device. PIN Verification: A personal identification number (PIN) is then entered on the Ledger device to complete the recovery process. No ID or Cloud Required: Unlike many conventional recovery services or even Ledger’s previous iteration, this system explicitly requires no identity verification (KYC) and no reliance on cloud storage. This is a massive win for privacy and decentralization advocates. Open-Sourced for Transparency: To foster trust and allow for community auditing, Ledger has committed to open-sourcing aspects of this new technology. Transparency is paramount in security tools, especially after past controversies. This approach marks a significant evolution in private key recovery mechanisms, offering a highly secure and user-friendly alternative to traditional seed phrase backups, without compromising the core tenets of self-custody. Why is Offline Crypto Storage Absolutely Critical? The digital realm, for all its convenience, is fraught with risks. Centralized exchanges, while convenient, are honey pots for hackers. Software wallets, while better than exchanges, are still vulnerable to malware on your computer or phone. This is where offline crypto storage , particularly through hardware wallets, becomes indispensable. Think of it this way: your private keys are the actual ownership deeds to your digital assets. If they are exposed online, even for a moment, they can be stolen. Cloud storage, while convenient for photos and documents, introduces a centralized point of failure and potential vulnerability when it comes to highly sensitive cryptographic keys. A data breach on a cloud server could compromise millions of users. The Ledger Recovery Key’s commitment to remaining entirely offline for the recovery process significantly bolsters security. It means: Aspect Traditional Online/Cloud Recovery Ledger Recovery Key (Offline) Exposure Risk High (internet connection, server vulnerabilities) Minimal (no internet connection during recovery) Privacy Potentially compromised (KYC, data retention) Enhanced (no ID, no third-party data) Control Shared with service provider Solely with the user Censorship Resistance Lower (can be influenced by regulations/providers) Higher (independent of centralized entities) By keeping the recovery process air-gapped, Ledger empowers users to maintain complete sovereignty over their assets, aligning perfectly with the decentralized ethos of cryptocurrency. How Does This Impact Private Key Recovery and User Control? Understanding private key recovery is fundamental to secure crypto ownership. A private key is a secret number that allows you to spend your cryptocurrencies. Lose it, and your funds are gone forever. Traditionally, the seed phrase (a series of 12 or 24 words) is the master key for recovery. While effective, it presents its own challenges: Physical Security: The seed phrase must be stored physically in a secure location, protected from fire, water, and theft. Human Error: Miswriting a single word can render the seed phrase useless. Complexity for New Users: Explaining the importance and proper handling of a seed phrase can be daunting for crypto newcomers. The Ledger Recovery Key offers an alternative or supplementary method. While Ledger has not explicitly stated it replaces the seed phrase entirely, it provides a different recovery vector. By utilizing a smart card and PIN, it simplifies the user experience while maintaining a high level of security. This method is particularly appealing because it: Reduces Single Point of Failure: Instead of relying solely on one physical piece of paper, the recovery process involves a smart card and a PIN, potentially distributed or managed in a multi-factor way. Enhances User Experience: Tapping a card and entering a PIN can be less intimidating than manually re-entering a long seed phrase. Promotes Broader Adoption: A more user-friendly recovery mechanism can lower the barrier to entry for mainstream users hesitant about the complexities of self-custody. This development is a testament to the ongoing innovation in making self-custody tools more accessible and robust, without sacrificing the core principles of security and decentralization. The Evolution of Hardware Wallet Security: Addressing Past Concerns The journey of hardware wallet security has been marked by continuous innovation and, at times, public scrutiny. Ledger, like any prominent player, has faced its share of challenges. The most notable recent example was the ‘Ledger Recover’ service, which proposed a sharded seed phrase recovery solution involving identity verification and cloud storage with third-party custodians. While the intention behind ‘Ledger Recover’ was to offer a convenient recovery option, it sparked significant controversy within the crypto community. Users expressed concerns about: Centralization: The involvement of third-party custodians and cloud storage raised fears of centralization and potential government access to recovery data. Trust and Transparency: The community felt that the feature was not clearly communicated, leading to a perceived breach of trust regarding the immutable nature of hardware wallet private keys. KYC Requirements: The need for identity verification went against the privacy-preserving ethos many crypto users value. The launch of the Ledger Recovery Key appears to be a direct response to these concerns. By making the new tool entirely offline, requiring no ID, and committing to open-sourcing, Ledger is actively listening to its community and pivoting towards solutions that prioritize decentralization, privacy, and user control. This iterative improvement demonstrates a commitment to evolving security standards and rebuilding trust. Leveraging Self-Custody Tools for Ultimate Control The ultimate goal of cryptocurrency is financial sovereignty, and self-custody tools like hardware wallets are the bedrock of this principle. They empower individuals to be their own bank, free from the risks associated with third-party intermediaries. The Ledger Recovery Key enhances this empowerment by providing a resilient and private recovery mechanism. Benefits of Enhanced Self-Custody: Unparalleled Security: Your keys are isolated, significantly reducing attack vectors. True Ownership: You have direct control over your assets, not a third party. Privacy: No KYC for holding or recovering your funds with the new tool. Censorship Resistance: Your funds cannot be frozen or seized by external entities. Challenges and Actionable Insights: While self-custody offers immense benefits, it also places significant responsibility on the user. The challenges often revolve around proper management and education. Actionable Insights for Users: Diversify Recovery Methods: Don’t put all your eggs in one basket. Use your seed phrase backup securely, and consider if the Ledger Recovery Key fits into your personal security strategy. Educate Yourself: Understand how your hardware wallet works, the importance of your private keys, and the nuances of different recovery methods. Test Your Recovery: Periodically practice recovering a small amount of funds to ensure your recovery method works as expected. Stay Informed: Follow reputable sources for updates on hardware wallet security and best practices. Layer Your Security: Use strong PINs, enable passphrases if your device supports them, and store your physical backups in secure, geographically dispersed locations. The Ledger Recovery Key represents a significant step forward in making advanced security more accessible, but user vigilance remains the most crucial component of any robust crypto security strategy. The Future of Crypto Security: A More User-Centric Approach The introduction of the Ledger Recovery Key signals a clear direction for the future of crypto security: one that prioritizes user control, privacy, and robust offline solutions. This development, coupled with Ledger’s commitment to open-sourcing, can help rebuild trust and set a new standard for how hardware wallet manufacturers approach key recovery. As the crypto ecosystem matures, the demand for sophisticated yet user-friendly security tools will only grow. Solutions that empower individuals to truly own and manage their digital wealth, without relying on centralized intermediaries or compromising their privacy, will be the ones that drive mainstream adoption. Ledger’s latest offering is a powerful testament to this evolving landscape, promising a more secure and autonomous future for crypto holders worldwide. To learn more about the latest crypto security trends, explore our article on key developments shaping hardware wallet security and self-custody best practices. This post Ledger Recovery Key: The Ultimate Leap in Offline Crypto Security first appeared on BitcoinWorld and is written by Editorial Team
TRUTH SOCIAL FILES FOR BITCOIN AND ETHEREUM ETF WITH NYSE $BTC #Bitcoin $ETH #Ethereum
DeFi Development Corp, the first public company focused on accumulating and compounding Solana (SOL), has announced a new validator partnership with the Dogwifhat (WIF) community. The partnership will see the launch of a dedicated Dogwifhat validator on the Solana blockchain. The collaboration brings together institutional-level infrastructure and one of the most active memecoin communities on Solana. DeFi Dev Corp and WIF Unite for Solana Validator Push According to the company, it will handle all technical operations, infrastructure, and performance management. Both parties will jointly promote the validator and seek stake delegations, including through an application to the Solana Foundation Delegation Program. 1/ The hat stays on! Today, we're announcing our newest validator partnership with the one and only @dogwifcoin . A dedicated $WIF validator – operated by DFDV, owned by the dogwifhat community. Institutional infrastructure meets one of $SOL 's most iconic communities. pic.twitter.com/VQK9SU1eOm — DeFi Dev Corp. (@defidevcorp) June 24, 2025 The validator will be operated by DeFi Dev Corp, but owned by the Dogwifhat community. Parker White, CIO and COO of DeFi Dev Corp, said the collaboration merges high-level infrastructure with one of the most active communities in crypto. “Our goal is simple: maximize performance, maximize visibility, and help secure Solana, all while deepening our alignment with WIF and the broader community it represents,” he said. The validator will follow a performance-based model. After covering expenses such as infrastructure and vote fees, the remaining rewards, staking income, block rewards, and MEV will be split equally between DeFi Dev Corp and the WIF community. The move is part of DeFi Dev Corp’s larger strategy to grow its “SOL per Share” metric, a figure that tracks how much SOL backs each share of DFDV. The company has been expanding this metric through Solana acquisitions, staking, and validator operations. DeFi Dev Corp, formerly known as Janover , shifted its focus to Solana in April 2024 after being acquired by former Kraken executives. The company has since positioned itself as a Solana-first public firm, drawing comparisons to MicroStrategy’s approach with Bitcoin. It currently holds around 609,000 SOL , valued at approximately $107 million. Dogwifhat (WIF), the Solana-based memecoin at the center of the validator partnership, traded at $0.86 at press time, with a 24-hour price increase of over 22%. The token saw over $711 million in trading volume in the past day, according to CoinGecko . WIF launched in November 2023 and quickly gained traction, in part due to support from prominent trader Ansem. DeFi Dev Corp previously secured a staking deal with Kraken, under which the exchange delegated a portion of its 4.5 million SOL holdings, worth about $500 million at the time, to DeFi Dev Corp’s validators. DeFi Dev Corp Expands Solana Strategy with Tokenized Shares and On-chain Capital Plans Following its launch of a Dogwifhat validator and community staking rewards, DeFi Development Corp is pushing deeper into the Solana ecosystem, despite regulatory friction in the U.S. Yesterday, the firm announced it would tokenize its shares through xStocks, a Solana-based platform developed by Backed. $DFDVx is coming to Solana very SOON thanks to @BackedFi & @xStocksFi ! Who is ready?! https://t.co/nwAFjjSKiE — DeFi Dev Corp. (@defidevcorp) June 24, 2025 The move is in collaboration with Kraken, which partnered with xStocks in May to offer tokenized shares of major U.S. companies like Apple and Tesla to global investors. @krakenfx will launch tokenized versions of over 50 U.S. stocks and ETFs for non-U.S. users, offering 24/7 trading via Solana. #kraken #solana #stocks https://t.co/j2QJ7K0hLs — Cryptonews.com (@cryptonews) May 22, 2025 DeFi Dev Corp’s shares will soon join that lineup, available in token form and ready to integrate into DeFi protocols. “We view the tokenization of our stock as a DeFi Lego block,” said CEO Joseph Onorati, a former Kraken executive who took over leadership earlier this year. The initiative aligns with the company’s broader plan to make traditional equity more programmable and accessible within the Solana ecosystem. However, the company hit a regulatory snag. On June 13, it withdrew a $1 billion SEC filing after the regulator flagged its ineligibility for a streamlined S-3 registration , citing a missing internal controls report in its latest 10-K filing. The filing was intended to raise funds to purchase and stake Solana (SOL), an effort to mirror MicroStrategy’s Bitcoin treasury strategy . While that plan is now in limbo, DeFi Dev Corp previously raised $42 million in April via convertible notes tied to Solana. The company has also made it clear that SOL is now its primary reserve asset, with staking rewards central to its future yield model. Despite setbacks, the company continues to build, bringing equity, staking, and community rewards closer together through Solana. The post DeFi Dev Corp Launches Dogwifhat Validator: Staking Rewards Split with Community – Here’s How appeared first on Cryptonews .