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DeFi Development Corp. to Host X Spaces Event: “Chattin' w/ DFDV UK: Progress and What Comes Next”

DeFi Development Corp (Nasdaq: DFDV) will host a live X Spaces event titled “Chattin' w/ DFDV UK: Progress and What Comes Next” on January 29, 2025 at 11:30 AM ET.

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DeFi Development Corp (Nasdaq: DFDV) will host a live X Spaces event titled “Chattin' w/ DFDV UK: Progress and What Comes Next” on January 29, 2025 at 11:30 AM ET. The session features Michael Chan, CEO of DFDV UK, discussing his background, current DFDV UK operations, and next steps. A recording will be available after the event. The company said it does not intend to disclose material nonpublic information during the session.

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Negative

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Argus Jan 29 session
-11.77% close to close Open Argus
Details

News Market Reaction – DFDV

In the Jan 29 session, DFDV declined 11.77%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -11.8% in the session following this news. A negative reaction despite an informat...
Analysis

The stock dropped -11.8% in the session following this news. A negative reaction despite an informational X Spaces announcement would fit DFDV’s volatile pattern around crypto-tag updates, where some positive-sounding items still saw declines. With shares trading below the $13.67 200-day moving average and far under the $48.98 52-week high, sentiment has been fragile. Past reactions have alternated between sharp gains and selloffs, so weakness on seemingly neutral communication would not be unprecedented.

Key Figures

Event date: January 29, 2025 Event time: 11:30 AM ET Executive experience: More than 20 years +1 more
Event date
January 29, 2025
Scheduled X Spaces event
Event time
11:30 AM ET
Start time for X Spaces session
Executive experience
More than 20 years
Michael Chan’s corporate finance and legal background
Year reference
2024
General Counsel role at a fast-growing crypto startup

Previous Crypto Reports

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  3. Jan 08

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  5. Jan 07

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24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

sovereign wealth fund
1 terms
sovereign wealth fund financial
"as well as positions at VEON and a Middle Eastern sovereign wealth fund, where he advised"
A sovereign wealth fund is a large savings pool managed by a country's government, created by setting aside part of the nation’s wealth—such as revenue from natural resources or budget surpluses—for future use. It functions like a national investment account, helping stabilize the economy and generate income over the long term. For investors, it represents a significant source of financial stability and potential investment opportunities in global markets.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BOCA RATON, FL, Jan. 28, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (“DFDV” or the “Company”), the first U.S. public company with a treasury strategy built around accumulating and compounding Solana (SOL), today announced it will host a live X Spaces event on Thursday, January 29, 2025, at 11:30 AM ET.

The discussion will feature Michael Chan, Chief Executive Officer of DeFi Development Corporation UK PLC (“DFDV UK”). Topics include Chan’s professional background and experience, the current state of DFDV UK operations, and what is expected next.

Chan is a seasoned corporate finance and legal executive with more than 20 years of experience across mergers and acquisitions, corporate governance, and complex international transactions spanning disruptive technology, financial services, telecommunications, healthcare, luxury, and infrastructure sectors. He most recently served as General Counsel for one of the fastest-growing crypto startups of 2024 and previously held senior roles, including Managing Counsel and Global Head of Corporate Legal at Binance, as well as positions at VEON and a Middle Eastern sovereign wealth fund, where he advised on significant M&A and corporate finance transactions.

Participants can join the live event by visiting DeFi Development Corp.’s official X account at the scheduled time. A recording of the conversation will be made available shortly after the event concludes.

Join the conversation: https://x.com/i/spaces/1vOGwdMBeQoJB?s=20

The Company does not intend to disclose any material nonpublic information during the event.

About DeFi Development Corp.
DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to Solana (SOL). Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer.

The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage.

The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities (“CMBS”) lenders, Small Business Administration (“SBA”) lenders, and more. The Company’s data and software offerings are generally offered on a subscription basis as software as a service (“SaaS”).

Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "believe," "project," "estimate," "expect," strategy," "future," "likely," "may,", "should," "will" and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations, and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of SOL and any associated impairment charges that the Company may incur as a result of a decrease in the market price of SOL below the value at which the Company’s SOL are carried on its balance sheet; (ii) volatility in our stock price, including due to future issuances of common stock and securities convertible into common stock; (iii) the effect of and uncertainties related the ongoing volatility in interest rates; (iv) our ability to achieve and maintain profitability in the future; (v) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (vi) changes in the accounting treatment relating to the Company’s SOL holdings; (vii) our ability to respond to general economic conditions; (vii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (ix) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (x) other risks and uncertainties more fully in the section captioned “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized, or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

Investor Contact:
ir@defidevcorp.com

Media Contact:
media@defidevcorp.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When is the DeFi Development Corp (DFDV) X Spaces event and how can I join?

The event is scheduled for January 29, 2025 at 11:30 AM ET. According to the company, participants can join live via DeFi Development Corp.'s official X account and the provided X Spaces link; a recording will be posted shortly after the event.

Who is speaking at the DFDV X Spaces event and what will they discuss?

Michael Chan, CEO of DFDV UK, will speak and discuss his professional background and current operations at DFDV UK. According to the company, topics include Chan's experience, DFDV UK’s operational status, and expectations for what comes next.

Will DeFi Development Corp (DFDV) disclose material nonpublic information during the X Spaces event?

No, the company stated it does not intend to disclose material nonpublic information during the event. According to the company, the conversation will focus on background, operations, and forward-looking commentary without sharing material nonpublic details.

Will a recording of the DFDV X Spaces conversation be available after the event?

Yes, a recording will be made available shortly after the event concludes. According to the company, attendees can join live and viewers who miss the live session can access the recording via the same X Spaces link or the company's X account.

What is Michael Chan’s background as described for the DFDV event and why is it relevant?

Michael Chan is described as a corporate finance and legal executive with 20+ years of experience, including roles at Binance and other firms. According to the company, his background spans M&A, governance, and international transactions relevant to DFDV UK operations.

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