Summary
- DeFi Development announced an additional purchase of Solana (SOL) worth $11.5 million.
- With this purchase, the company's Solana holdings have increased to 251,842.
- DeFi Development has been steadily accumulating SOL since adopting it as a strategic reserve asset.
According to CoinDesk, a media outlet specializing in virtual assets (cryptocurrency), US-listed company DeFi Development (formerly Zenover) has purchased an additional 88,164 Solana (SOL). This amounts to approximately $11.5 million.
As a result, the company's SOL holdings have increased to 251,842.
Previously, the company, which is an AI platform for the commercial real estate industry, changed its name from Zenover to DeFi Development. Since adopting SOL as a strategic reserve asset last April, it has been steadily accumulating SOL.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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