Summary
- DeFi Development said it entered the UK market while operating Solana (SOL) as a strategic asset.
- It said its subsidiary DeFi Development UK was established by acquiring London Stock Exchange-listed Cykel AI (CYK.L).
- DeFi Development said this is the first step to globally expand its Solana-centered financial strategy.
According to crypto-focused media The Block on the 29th (local time), DeFi Development (DeFi Development Corp.), which manages Solana (SOL) as a strategic asset, has entered the UK market through its subsidiary DeFi Development UK.
DeFi Development UK was established by acquiring London Stock Exchange-listed Cykel AI (CYK.L).
DeFi Development said, "It is the first step to expand the Solana-centered financial strategy to global markets."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
