On May 17, according to CoinDesk, the Nasdaq-listed company DeFi Development Corp.'s stock surged 30%, reaching a new high after announcing a partnership with Solana ecosystem meme coin BONK and purchasing a new batch of Solana (SOL) tokens.
DeFi Development stated that it will jointly manage a Solana validator node with BONK, marking the first time a meme coin community has shared Solana staking infrastructure with a listed company. The collaboration will also extend to integrating BONK's own liquidity staking token BONKSOL. Both parties will jointly increase the staking share of the validator node and share the proceeds.
