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