DeFi Development to Launch Solana Reserve Company in South Korea

Son Min

Summary

Nasdaq-listed DeFi Development said it plans to launch a Solana (SOL) reserve company in South Korea.
DeFi Development said it currently holds 2 million SOL.
It said it will proceed with the acquisition of a Korean listed company through cooperation with Fragmetric.

Nasdaq-listed DeFi Development is reportedly planning to launch a Solana (SOL) reserve company in South Korea. DeFi Development currently holds 2 million SOL.

On the 22nd (local time), industry sources said DeFi Development plans to acquire a Korean listed company and launch a Solana reserve company through cooperation with Fragmetric, a Solana-based liquidity restaking protocol.

Specific details have not yet been disclosed.

SOL

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit

DeFi Development to Launch Solana Reserve Company in South Korea

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