• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
First Public Company Invests in Liquid Staking Tokens on Solana

First Public Company Invests in Liquid Staking Tokens on Solana

user avatar

by Giorgi Kostiuk

2 days ago


DeFi Dev Corp. takes a significant step in decentralized finance by becoming the first public company to adopt liquid staking technology on Solana.

Significance for Institutional Investors

The entry of DeFi Dev Corp. into liquid staking demonstrates confidence in the scalability and speed of the Solana blockchain. Liquid staking technology allows users to earn rewards without locking up their assets, which is a major advantage.

A New Era for Solana and DeFi

Sanctum’s liquid staking technology is not just a technical upgrade; it serves as a gateway for broader adoption of DeFi by traditional financial institutions. With more companies like DeFi Dev Corp. exploring these tools, liquid staking could become a key driver of growth in 2025 and beyond.

Impact on the Future of DeFi

The partnership between DeFi Dev Corp. and Sanctum sets a precedent for traditional firms seeking alternative yield opportunities in a low-interest environment. Blockchain solutions like liquid staking tokens are likely to be a major focus in the future.

Ultimately, DeFi Dev Corp.'s move to adopt liquid staking technology opens new horizons for integrating decentralized finance into the traditional economy.

0

Share

Other news

Pakistan and Its Steps in the Crypto Industry: IMF Voices Concerns

The IMF has criticized Pakistan's decision to allocate 2,000 megawatts of electricity for crypto mining, pointing to financial risks.

user avatarGiorgi Kostiuk

8 minutes ago

Analysis of Price Movements in Bitcoin and Meme Coins: Shiba Inu and Dogwifhat Lose Ground

Bitcoin has dropped to $105K, impacting the crypto market and decreasing the prices of meme coins Shiba Inu and Dogwifhat. Analysis of current trends.

user avatarGiorgi Kostiuk

8 minutes ago

Crypto Market: Bitcoin Loses Support Amid Geopolitical Instabilities

Bitcoin has fallen below the support level of $104,000, reflecting an overall market drop of $200 billion.

user avatarGiorgi Kostiuk

10 minutes ago

$5 Billion Injection from FTX into Crypto Market: Implications and Analysis

FTX returns $5 billion via stablecoin, potentially enhancing liquidity in the cryptocurrency market.

user avatarGiorgi Kostiuk

16 minutes ago

Bitcoin and Institutional Investments: The Role of BlackRock, Fidelity, and Grayscale

BlackRock, Fidelity, and Grayscale significantly impact the Bitcoin market, holding over 1.2 million BTC in ETFs.

user avatarGiorgi Kostiuk

17 minutes ago

First Ethereum and Solana Staking ETFs from REX Shares

REX Shares announces the launch of ETH and SOL staking ETFs with an innovative regulatory model.

user avatarGiorgi Kostiuk

39 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.