'Solana(SOL) Reserve Asset' DeFi Development…Purchases Additional $11.2 Million SOL
JH Kim
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- DeFi Development reported that it has purchased an additional $11.2 million worth of Solana (SOL).
- With this purchase, DeFi Development's total holdings have increased to 400,091 SOL.
- The company had previously announced plans to purchase an additional $24 million worth of SOL.
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According to the cryptocurrency-focused media outlet The Block on the 6th (local time), the U.S.-listed company DeFi Development (formerly Zenover), which adopted Solana (SOL) as a strategic reserve asset last April, has purchased an additional $11.2 million worth of Solana (SOL).
As a result, the total holdings have increased to 400,091 SOL. Previously, the company had announced plans to purchase an additional $24 million worth of SOL.
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