Fragmetric Labs and DeFi Development Corp (DFDV), a company listed on the Nasdaq stock exchange, are working together to create the first Solana digital asset treasury in South Korea. Both organizations are planning to buy an already publicly listed company in South Korea to build this treasury.
In a recent post on X, Fragmetric revealed that it is not launching a Solana treasury. The main goal of this project is to bring new investment opportunities using blockchain technology. This strategy will also strengthen Solana’s position by making it part of official financial strategies in the country.
Fragmetric wrote, “We’re extremely excited to announce that Fragmetric Labs and DeFi Development Corp. (NASDAQ: DFDV) will launch the first Solana Digital Asset Treasury in Korea through the acquisition of a Korean publicly-listed company.”
This acquisition will leverage SOL’s high-performance blockchain infrastructure for digital asset management, positioning South Korea as a major player in crypto.
With this new collaboration, DFDV isn’t only expanding its SOL treasury, but it is also evolving its DeFi ecosystem exposure. Other than this, Fragmetric’s Normalized Token Program will now allow users to create fragSOL using different liquid staking tokens (LSTs), including dfdvSOL. This enhances the flexibility of trading rewards across Solana’s network.
Meanwhile, for DFDV shareholders, the partnership boosts the value of each share by tapping into new DeFi tools that increase token efficiency.
A few days ago, Solana got its first billion-dollar publicly traded treasury as Forward Industries acquired $1.6 billion worth of SOL. Before that, Consumer products firm Upexi debuted its Solana treasury strategy in April, spiking shares of UPXI more than 300% in the process. As of September 2025, its treasury holds approximately 2 million SOL tokens, valued at $447 million.
This shows growing interest in the token, driven by investor confidence. But the question remains, why?
Well, Solana aligns these companies with a blockchain designed for high-performance, consumer-scale applications, including DeFi, NFTs, stablecoins, and payments. Treasurers want to elevate media visibility, attract new investor segments, and increase stock liquidity and engagement with SOL’s high performance.
A Solana digital asset treasury is a corporate treasury that holds a significant amount of the SOL cryptocurrency. This strategy helps companies leverage Solana’s high-performance blockchain for various financial activities and investment opportunities.
Companies are adopting Solana treasuries to diversify their assets, generate new revenue streams through staking, and increase their visibility in the rapidly growing crypto sector, attracting new investor segments.
By acquiring a South Korean company, DFDV is expanding its market reach and tapping into new DeFi tools. This collaboration is expected to enhance the value and efficiency of its token holdings, boosting per-share value.
Solana provides a fast, low-cost, and scalable blockchain infrastructure that allows companies to explore innovative financial tools like DeFi, NFTs, and stablecoins. This integration helps modernize corporate treasuries and attract new investment.
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