DeFi Development Confirms No Exposure To Drift Protocol, No Impact From Alleged Exploit Of Platform
Benzinga Newsdesk 7 months ago
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DeFi Development Corp. (NASDAQ:DFDV) (the "Company" or "DeFi Dev Corp."), the first US public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today confirmed that it has no exposure to
DeFi Development Corp. (NASDAQ:DFDV) (the "Company" or "DeFi Dev Corp."), the first US public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today confirmed that it has no exposure to the Drift Protocol and was not impacted by an alleged exploit affecting the platform.
While DFDV actively allocates a portion of its balance sheet to onchain strategies to generate organic yield, all capital allocation is conducted under a disciplined risk management framework focused on preserving shareholder value and maintaining operational resilience.