Cboe and Nasdaq to List Options on DeFi Development Corp. (NASDAQ: DFDV)

Rhea-AI Summary

DeFi Development Corp. (NASDAQ: DFDV) announced that both Cboe Options Exchange and Nasdaq Options Market will begin listing standardized options on DFDV starting May 30, 2025. As the first public company focused on accumulating and compounding Solana (SOL), this dual exchange listing marks a significant milestone in DFDV's capital markets development. The options listing will provide both institutional and retail investors with enhanced tools for hedging, trading, and expressing directional views on DFDV with greater flexibility. CFO John Han emphasized that this development will expand access, increase liquidity, and strengthen DFDV's position as the leading crypto-native Solana vehicle in public markets.

Positive

• Dual exchange listing on both Cboe and Nasdaq expands market access and trading options
• Increased liquidity potential through options trading availability
• Enhanced flexibility for institutional and retail investors to trade and hedge positions

Negative

• None.

BOCA RATON, FL, May 30, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) the first public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced that both the Cboe Options Exchange and Nasdaq Options Market will begin listing standardized options on DFDV effective Friday, May 30, 2025.

The dual exchange listing represents a major milestone in the Company’s capital markets evolution — providing institutional and retail investors with new tools to hedge, trade, or express directional views on DFDV with greater flexibility.

“We’re excited to see options go live across both Cboe and Nasdaq,” said John Han, Chief Financial Officer at DeFi Development Corp. “This expands access, increases liquidity, and further strengthens DFDV’s position as the leading crypto-native Solana vehicle in public markets.”

Options will be listed under the ticker symbol DFDV. For more information, visit defidevcorp.com. To stay up-to-date with the latest developments and insights, subscribe to our blog.

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.

We are 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 we connect the increasingly complex ecosystem that stakeholders have to manage.

We currently serve 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. Our 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:
Prosek Partners
pro-ddc@prosek.com 

FAQ

When will options trading begin for DeFi Development Corp (DFDV)?

Options trading for DFDV will begin on May 30, 2025, on both the Cboe Options Exchange and Nasdaq Options Market.

What is DeFi Development Corp's (DFDV) main business focus?

DeFi Development Corp is the first public company with a treasury strategy built to accumulate and compound Solana (SOL).

Which exchanges will list DFDV options?

DFDV options will be listed on both the Cboe Options Exchange and Nasdaq Options Market.

What benefits does the options listing bring to DFDV investors?

The options listing provides investors with new tools to hedge, trade, or express directional views on DFDV with greater flexibility, while increasing market access and liquidity.

What is the options trading symbol for DeFi Development Corp?

The options will be listed under the ticker symbol DFDV.