According to online reports, Nasdaq-listed DeFi Development Corp (stock code: DFDV) announced that it has become the first listed company to invest in Solana Liquidity Pledged Tokens (LST). It will use LST technology developed by Sanctum to invest part of its SOL positions in dfdvSOL, which is a liquidity pledge token entrusted to DeFi Dev Corp. Verifier, representing underlying pledged SOL assets and accumulated pledge rewards. It was previously reported that on May 12, DeFi Development (DFDV) announced that it had purchased 172,670 SOL units at an average price of US$136.81, with a total value of US$23.6 million, its largest purchase since turning to the crypto field last month. The Florida-based company currently holds 595,988 SOLs, worth nearly $105 million at current prices.