eFi Technologies launches SolFi Technologies, a spinout company, focused on providing investors with direct exposure to the Solana blockchain ecosystem through proprietary trading, validator node operations, and ecosystem investments.
Optimizing Solana Yield: SolFi Technologies uses proprietary algorithms and innovative financing strategies to acquire, hold, and stake Solana (SOL). By staking Solana with DeFi Technologies' validator and proprietary Maximum Extractable Value (MEV) engine (battle-tested with over C'508 million (US-365 million) in staked Solana), SolFi Technologies aims to generate consistent cash flow at higher yields than third-party staking providers, which can then reinvested or distributed to shareholders.
Treasury Strategy Underpinned by Operating Company: SolFi Technologies is incubating and evaluating strategic acquisitions of operating companies to undererpin its Solana treasury strategy with cash flows to accelerate its token acquisition and takings revenues.
TORONTO, Nov. 12, 2024 /PRNewswire/ - DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a crypto-native technology company at the forefront of merging traditional capital markets with decentralized finance ("DeFi"), is pleased to announce the launch of SolFi Technologies (
www.solfitech.co), a new pure-play investment vehicle dedicated to providing traditional investors with specific access to the expanding Solana ("SOL") ecosystem. This partnership represents a significant milestone for both companies, offering a unique gateway to Solana's DeFi-driven growth and staking cash flows directly through brokerage accounts