Solana-Powered Tokenized Equity: DeFi Development Corp. to Launch DFDVx on Kraken’s xStocks Platform

In a groundbreaking move for the crypto and traditional finance intersection, DeFi Development Corp. (DFDV), a Nasdaq-listed company with a Solana-focused treasury strategy, is set to tokenize its equity on the solana blockchain via Kraken's forthcoming xStocks platform. The tokenized shares, trading under the ticker DFDVx, will enable 24/7 trading and faster settlement, joining other major tokenized stocks like Apple and Tesla. This development highlights Solana's growing role in institutional crypto adoption and the tokenization of real-world assets (RWAs). CEO Joseph Onorati's vision positions this as a milestone for decentralized finance (DeFi) accessibility. The announcement, made in June 2025, underscores Solana's scalability advantages for financial innovations and could catalyze further institutional interest in SOL as a treasury asset. This strategic partnership between a public company, a top-tier exchange, and a high-performance blockchain signals a maturation of crypto-native financial instruments, potentially creating new demand vectors for Solana's ecosystem.

Tokenized Shares of Solana Treasury Company DeFi Dev Coming to Kraken

DeFi Development Corp. (DFDV), a Nasdaq-listed firm with a crypto treasury strategy centered on Solana (SOL), is set to tokenize its equity on the Solana network through Kraken's upcoming xStocks platform. The tokenized shares, trading under the ticker DFDVx, will join other major tokenized stocks like Apple and Tesla, enabling round-the-clock trading and faster settlement.

CEO Joseph Onorati describes the tokenized equity as a "DeFi lego block," highlighting its potential to serve as a foundational element for more complex financial instruments within decentralized finance (DeFi) applications. This move aligns with growing interest in the tokenization of real-world assets (RWAs), a market projected to reach $18.9 trillion by 2033, according to a BCG and Ripple report.

The integration of DFDVx into DeFi applications could allow users to hold, trade, or borrow against shares of a Nasdaq-listed company directly on-chain. Kraken's xStocks platform positions itself at the forefront of this trend, while rival exchange Coinbase is also reportedly seeking regulatory approval to offer tokenized stocks.

Fiserv Launches FIUSD Stablecoin on Solana to Streamline Bank Payments

Fiserv, a $90 billion financial services powerhouse, has unveiled FIUSD—a bank-friendly stablecoin designed to operate seamlessly within traditional payment systems. The Solana-based digital asset promises high-speed, low-cost transactions while integrating directly with Fiserv's existing infrastructure serving 10,000 financial institutions and 6 million merchants.

Regulated partners Circle and Paxos provide the backbone for FIUSD, which notably interoperates with PayPal's PYUSD for cross-border functionality. This strategic move signals accelerating institutional adoption of blockchain technology without displacing legacy banking rails—a compromise that could drive mainstream stablecoin utility.

The launch underscores Solana's growing dominance in enterprise blockchain solutions, with Fiserv leveraging its throughput advantages for settlement efficiency. Unlike disruptive crypto ventures, FIUSD deliberately mirrors conventional payment flows, offering banks a frictionless on-ramp to digital asset integration.

DeFi Development Corp. (DFDV) Stock Surges 6% on Solana Tokenized Equity Launch via Kraken

DeFi Development Corp. (DFDV) shares rallied 6.01% to $26.38 following its groundbreaking announcement to tokenize Nasdaq-listed equity on Solana. The new DFDVx token, launching on Kraken's xStocks platform, marks the first U.S. public company bridging traditional finance with 24/7 onchain trading.

The Solana-based tokenization enables seamless integration with DeFi protocols while expanding access to institutional and retail investors. Kraken's partnership with Backed positions DFDV at the forefront of the RWA tokenization trend, with Tesla and Apple expected to follow similar paths.

Fiserv Stock Rises on Stablecoin Integration Plans for Banking Clients

Fiserv (FI) shares gained 3% following its announcement to launch a stablecoin and digital-asset platform by year-end. The financial-technology giant will enable its network of 10,000 financial institutions and six million merchants to transact using FIUSD, its native stablecoin, through existing infrastructure at no additional cost.

The initiative leverages partnerships with Circle Internet Group, Paxos, and Solana (SOL). In a parallel development, Fiserv and PayPal (PYPL) will make FIUSD and PayPal USD interoperable, facilitating cross-border fund movement. "Our scale positions Fiserv to democratize blockchain financial services," said COO Takis Georgakopoulos.

Market Shift: Bitcoin Solaris Gains Traction as Mobile Mining Innovation Challenges Solana's Dominance

Solana's high-speed blockchain and DeFi ecosystem have long captivated investors, but a new contender is emerging. Bitcoin Solaris is disrupting the status quo with mobile-first mining—a feature Solana never prioritized. Over $5 million has already been raised in its presale, signaling strong early interest.

While Solana excels in technical performance with its proof-of-history model, it primarily serves developers and institutions. bitcoin Solaris, by contrast, targets mass adoption by enabling everyday users to accumulate wealth through energy-efficient mining. The project's momentum suggests a potential reallocation of capital from established players to this innovative newcomer.

Solana Rebounds, But Still Remains on Thin Ice—Here’s the SOL Price Prediction for 2025

Solana, often dubbed the Ethereum killer, is staging a notable recovery after weeks of volatility. The SOL price has rebounded from $124 to trade between $135 and $138, defying broader market uncertainty. This resilience raises questions about whether the move is purely technical or driven by deeper fundamentals like ETF speculation and institutional interest.

Last week’s sharp drop below $130—briefly touching $124—appears to have been a liquidity sweep, shaking out weak hands before a swift recovery. The V-shaped bounce suggests strong underlying demand. While SOL remains within a descending channel, the rebound from lower support hints at potential bullish continuation. The key question now is whether Solana can sustain momentum and challenge resistance levels.