DeFi Development Corp. appoints former Walmart exec/VIZIO CFO Adam Townsend to board

DeFi Development Corp.

Adam Townsend, former VIZIO CFO and Walmart executive, appointed to Board of Directors effective April 4, 2026.
Townsend will receive 28,170 restricted stock units (quarterly vesting over 1 year) and $7,000 quarterly cash retainer.
He oversaw financial integration of VIZIO's $2.3B acquisition by Walmart; previously CFO at Showtime Networks.
Company is first US public firm with treasury strategy to accumulate and compound Solana (SOL).

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