DeFi Development Corp. (NASDAQ: DFDV) has secured a substantial $5 billion equity line of credit with RK Capital Management to enhance its acquisition of Solana (SOL) digital assets.

The company has adopted a treasury policy that allocates its reserves primarily to Solana, demonstrating a strong commitment to the growth of the Solana ecosystem through direct economic exposure and staking activities.

CEO Joseph Onorati emphasized that this funding provides flexibility and a strategic path for scaling SOL holdings and increasing validator yield.

The equity line allows DFDV to sell shares at its discretion, contingent on filing a resale registration with the U.S. Securities and Exchange Commission.

This agreement enables DeFi Development to raise capital gradually as needed, giving it a flexible financial strategy.

Following the announcement of the equity line, DFDV's share price rose by 12%, recovering from earlier losses.

As of mid-May 2025, DFDV reported holding 609,000 SOL tokens, valued at approximately $96 million.

Previously known as Janover, DeFi Development aims to be the first U.S. public company with a treasury strategy focused on accumulating SOL.

The company operates its own validator infrastructure, generating staking rewards while exploring innovative decentralized finance opportunities.

On June 16, 2025, DFDV will host a Twitter Spaces event featuring key executives to discuss their equity line of credit and capital strategy.

During the event, executives including CEO Joseph Onorati and COO Parker White will provide insights into recent S-1 filings and the mechanics of the equity line of credit.

DFDV's strategy aligns with a growing trend among publicly-traded companies raising capital to invest in cryptocurrencies, similar to strategies employed by firms focused on Bitcoin.