TL;DR: Sanctum is proud to support DeFi Dev Corp. (Nasdaq: DFDV) in the creation and launch of dfdvSOL, a liquid staking token representing SOL staked to DeFi Dev-operated validators. Built using Sanctum’s technology, dfdvSOL makes DeFi Dev Corp. the first publicly traded company to hold and utilize liquid staking tokens on Solana. Sanctum remains the only provider enabling organizations to create their own branded, yield-bearing, DeFi-integrated LSTs.
Today marks a major step forward in institutional crypto adoption.
DeFi Dev Corp. (Nasdaq: DFDV), the first publicly-traded company to construct its treasury around accumulating and compounding Solana, has introduced dfdvSOL, a custom liquid staking token (LST) built using Sanctum’s infrastructure.
This marks the first time a publicly-traded company has owned LSTs on Solana.
DeFi Dev Corp. plans to leverage dfdvSOL to enhance the performance of its validator operations and improve treasury management. This approach aligns with the company’s overarching goal of driving growth in SOL Per Share (SPS)—a proprietary metric that tracks the value of SOL held on its balance sheet relative to outstanding DFDV common stock shares.
Beyond treasury optimization, the adoption of Sanctum-powered LST infrastructure supports DeFi Dev Corp.’s broader strategic objective: to expand its presence across the Solana ecosystem and unlock new revenue opportunities through deeper ecosystem integration.
How dfdvSOL Works
In practice, the dfdvSOL flow is as follows:
- SOL is staked to DeFi Dev Corp.-operated validators.
- Users receive dfdvSOL, which reflects both principal and ongoing staking rewards.
- dfdvSOL can be used across DeFi and CeFi platforms and redeemed via Sanctum for the underlying staked SOL + staking rewards, which accrue automatically into the LST’s value.
Powered By Sanctum
Sanctum’s technology powers the issuance, yield accrual, and composability of dfdvSOL, enabling DeFi Dev Corp. to simultaneously deepen its validator operations and expand its role within the Solana ecosystem while optimizing capital efficiency and liquidity.
Sanctum is the only infrastructure provider on Solana that enables companies to launch fully custom, branded LSTs—tokens that generate real staking yield, plug into the broader DeFi landscape, and reinforce brand-aligned financial strategies.
Because Sanctum holds stake and infrastructure control, we enable:
- Capture of internalized MEV and redistribution to users
- Guaranteed transaction inclusion and blockspace reservation
- The creation of blockspace futures, similar to how Jito unlocked MEV
These structural advantages allow us to deliver yield products that are magical to use.
Our infrastructure has already enabled the launch of:
- bbSOL for Bybit
- bpSOL for Backpack
- dSOL for Drift
- jupSOL for Jupiter
- …and now dfdvSOL for DeFi Dev Corp.
What’s Next
Sanctum will continue supporting DeFi Dev Corp. as dfdvSOL enters broader distribution and integration across the Solana ecosystem.
Users can acquire dfdvSOL on the Sanctum website.
Follow DeFi Dev Corp. and Sanctum on X to stay up to date, and visit Sanctum’s website to learn how your organization can launch its own branded liquid staking token.