---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-039360"
form_type: "8-K"
ticker: "DFDV"
cik: "0001805526"
company_name: "DeFi Development Corp."
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T18:14:36.336976+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DeFi Development Corp. raises $24M via PIPE to accelerate Solana accumulation

## Summary
- Gross proceeds of ~$24M from sale of ~310k common shares and ~215k pre-funded warrants at $46.00 per share.
- Investors include Galaxy Digital, Amber International, Arrington Capital, Republic Digital, Borderless Capital, RK Capital, and Great Point Capital.
- Net proceeds to be used for general corporate purposes including continued accumulation of Solana (SOL).
- Company holds ~317,273 SOL valued at ~$46.2M as of announcement; long-term holding and staking strategy.
- Pre-funded warrants exercisable 21 days after mailing of info statement; registration rights agreement filed for resale.

## SEC filing metadata
- accession: 0001213900-25-039360
- form_type: 8-K
- ticker: DFDV
- cik: 0001805526
- company_name: DeFi Development Corp.
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805526/000121390025039360/0001213900-25-039360-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805526/000121390025039360/ea0240746-8k_defi.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-039360
- JSON: https://secwatch.observer/filing/0001213900-25-039360.json
- Plain text: https://secwatch.observer/filing/0001213900-25-039360.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.