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DeFi

DeFi Development Reports Net Asset Value Surge

Preliminary third-quarter estimates show net asset value per share more than doubled as treasury holdings reached 2.56 million Solana tokens.

BMC Newsroom
AI-assisted news desk · reviewed by editors

1 min read
DeFi Development Reports Net Asset Value Surge
Image: BullishMarketCap

DeFi Development reported that its preliminary third-quarter estimates show net asset value per share more than doubled, according to TheBlock. The company's treasury holdings expanded to 2.56 million Solana tokens.

Treasury Expansion

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The growth in the Solana treasury underpins the valuation increase reported by DeFi Development for the quarter. Preliminary figures indicate significant upward movement in per-share metrics.

Key facts

  • DeFi Development reported preliminary Q3 estimates showing NAV per share more than doubled.
  • The company's treasury grew to hold 2.56 million Solana tokens.
$SOL#DeFi#Solana#Crypto

Source: theblock.co

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.