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DeFi Development Corp. (DFDV) announced it signed a letter of intent with AllDomains Labs Limited to launch a joint validator partnership on the Solana blockchain. The collaboration will involve DFDV operating a Solana validator in coordination with AllDomains, according to a company statement.
The partnership aims to strengthen the Solana network and drive revenue through co-marketing the validator and pursuing additional delegation. The companies plan to work together to attract stake and support ecosystem growth.
The agreement includes plans for a branded .dfdv top-level domain, which would extend DFDV’s digital identity within the cryptocurrency ecosystem. AllDomains Labs has created more than 1.25 million Web3 domains, according to the announcement.
Parker White, chief investment officer and chief operating officer of DeFi Development Corp., said the collaboration "combines institutional-grade validator operations with domain innovation" and strengthens the company’s role in the Solana ecosystem.
DeFi Development Corp. maintains a treasury strategy focused on accumulating Solana’s SOL token. The company operates validator infrastructure to generate staking rewards and fees from delegated stake. The partnership aligns with the company’s broader strategy to increase SOL exposure and expand community engagement.
AllDomains Labs Limited operates as a Web3 infrastructure provider on the Solana blockchain, offering customizable domain names and top-level domains. The platform allows users and organizations to create, register, and manage branded domain extensions.
DeFi Development Corp. also operates an online platform serving commercial real estate professionals with data and software subscriptions, serving more than one million web users annually.