DeFi Development is pleased to announce that we will be collaborating with the BONK community to manage a Solana validator node.

BlockBeats News, May 17th, according to CoinDesk, Nasdaq-listed company DeFi Development Corp.'s stock price surged 30% on Friday, hitting a new high. Earlier, the company announced a partnership with Solana ecosystem Meme coin BONK and purchased a new batch of Solana (SOL) tokens.

DeFi Development stated that it will jointly operate a Solana validator node with BONK, marking the first time a Meme coin community has shared Solana staking infrastructure with a publicly listed company. The partnership will also extend to integrating BONK's proprietary liquidity staking token, BONKSOL. Both parties will collectively increase the staking share of the validator node and share the rewards.