Solana's third-largest financial entity issued Meme tokens and holds 30% of the DONT portfolio, with a current market capitalization of $22 million.

According to Mars Finance, on January 23, GMGN monitoring showed that DONT, the Meme coin issued by DFDV, currently has a market capitalization of approximately $22 million, a price of approximately $0.000052, and a 24-hour trading volume of $35.8 million. The largest holder is currently the official DFDV wallet, holding approximately 31.6% of the total supply. DeFi Development (DFDV) is the third largest treasury company in the Solana ecosystem, holding approximately 2.2 million SOL tokens, worth approximately $285 million. DFDV officially announced at 3 AM today that it had burned all tokens held by addresses that were targeting the coin, and used the profits to buy back and burn more tokens. This round of burning totaled approximately 5.1% of the total supply, which was the main reason for the coin's second surge in price overnight. DONT stands for "Disclaimer Coin," and was issued by DFDV on Bonk Fun last night. In its announcement, the company explicitly stated that DONT has not received any official sponsorship, endorsement, or support, and lacks a roadmap, team, actual functionality, or any commitments; it is merely an experimental project initiated by DFDV. This makes it the first Meme coin created by a publicly listed company.