Altcoins

South Korea Set for First Public Solana Treasury Acquisition Backed by Fragmetric & DFDV

Fragmetric Labs and DeFi Improvement Corp (DFDV), an organization listed on the Nasdaq inventory change, are working collectively to create the primary Solana digital asset treasury in South Korea. Each organizations are planning to purchase an already publicly listed firm in South Korea to construct this treasury. 

First Solana Treasury in South Korea 

In a latest publish on X, Fragmetric revealed that it isn’t launching a Solana treasury. The principle objective of this challenge is to deliver new funding alternatives utilizing blockchain expertise. This technique may even strengthen Solana’s place by making it a part of official monetary methods within the nation. 

Fragmetric wrote, “We’re extraordinarily excited to announce that Fragmetric Labs and DeFi Improvement Corp. (NASDAQ: DFDV) will launch the primary Solana Digital Asset Treasury in Korea by means of the acquisition of a Korean publicly-listed firm.” 

This acquisition will leverage SOL’s high-performance blockchain infrastructure for digital asset administration, positioning South Korea as a significant participant in crypto. 

DFDV’s Broader Technique with Fragmetric

With this new collaboration, DFDV isn’t solely increasing its SOL treasury, however it’s also evolving its DeFi ecosystem publicity. Apart from this, Fragmetric’s Normalized Token Program will now enable customers to create fragSOL utilizing completely different liquid staking tokens (LSTs), together with dfdvSOL. This enhances the pliability of buying and selling rewards throughout Solana’s community.

In the meantime, for DFDV shareholders, the partnership boosts the worth of every share by tapping into new DeFi instruments that improve token effectivity.

Why Corporations are Betting on Solana

A number of days in the past, Solana bought its first billion-dollar publicly traded treasury as Ahead Industries acquired $1.6 billion value of SOL. Earlier than that, Shopper merchandise agency Upexi debuted its Solana treasury technique in April, spiking shares of UPXI greater than 300% within the course of. As of September 2025, its treasury holds roughly 2 million SOL tokens, valued at $447 million.

See also  R3 bets on Solana to bring institutional yield onchain

This reveals rising curiosity within the token, pushed by investor confidence. However the query stays, why? 

Nicely, Solana aligns these firms with a blockchain designed for high-performance, consumer-scale purposes, together with DeFi, NFTs, stablecoins, and funds. Treasurers need to elevate media visibility, entice new investor segments, and improve inventory liquidity and engagement with SOL’s excessive efficiency. 

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Please enter CoinGecko Free Api Key to get this plugin works.