DeFi Development Corp.
- DFDV · Nasdaq
- Finance Services
- Boca Raton, FL
- 16 employees
- CIK 0001805526
Updated from SEC filings through
Top things to know
Executives
- Joseph Mario Onorati CEO and Chairman 4, 2026-04-02
- Fei Han Chief Financial Officer 4, 2026-09-18
- Fei (John) Han Chief Financial Officer 10-K, 2026-03-30
- Daniel Kang Chief Strategy Officer 4, 2026-09-23
- Parker White Chief Operating Officer and Chief Investment Officer 10-K, 2026-03-30
What leadership is saying
“The DFDV ship is flying at lightning speed. We have continued buying SOL and have grown our treasury by 11% since August 12”
Earnings press release (8-K Ex. 99.1), filed October 5, 2026
DeFi Development Corp. is a U.S. public company in finance services (SIC 6199), headquartered in Boca Raton, FL. It trades as DFDV on Nasdaq. Revenue was $11.4M in the fiscal year ending December 31, 2025, +442.3% from the year before. It reported about 16 employees. Joseph Mario Onorati is CEO and Chairman.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $11.4M 10-K, 2026-03-30 | $2.1M 10-K, 2025-03-27 | $2.0M 10-K, 2025-03-27 | $2.2M 10-K, 2024-03-28 |
| Operating income | -$36.4M 10-K, 2026-03-30 | -$3.0M 10-K, 2026-03-30 | -$3.4M 10-K, 2025-03-27 | -$1.7M 10-K, 2024-03-28 |
| SG&A | $16.6M 10-K, 2026-03-30 | $4.1M 10-K, 2026-03-30 | $4.6M 10-K, 2025-03-27 | $3.4M 10-K, 2024-03-28 |
| Net income | -$73.8M 10-K, 2026-03-30 | -$2.7M 10-K, 2026-03-30 | -$3.4M 10-K, 2025-03-27 | -$1.3M 10-K, 2024-03-28 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Joseph Mario Onorati | CEO and Chairman | 4, 2026-04-02 |
| Fei Han | Chief Financial Officer | 4, 2026-09-18 |
| Fei (John) Han | Chief Financial Officer | 10-K, 2026-03-30 |
| Daniel Kang | Chief Strategy Officer | 4, 2026-09-23 |
| Parker White | Chief Operating Officer and Chief Investment Officer | 10-K, 2026-03-30 |
| Hadley Stern | Director | 10-K, 2026-03-30 |
| Thomas Perfumo | Director | 10-K, 2026-03-30 |
| William Caragol | Director | 10-K, 2026-03-30 |
| Zachary Tai | Director | 10-K, 2026-03-30 |
What DeFi Development Corp. does
DeFi Development Corp. ("we," "our," "DeFi Dev," "us," or the "Company") is a publicly traded company focused on building and managing a digital asset treasury strategy centered on the Solana blockchain ecosystem. We also provide an artificial intelligence (“AI”) platform that connects commercial mortgage and small business borrowers looking for debt to refinance, build, or buy commercial property, including apartment buildings, to commercial property lenders.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 31.0 million (as of August 13, 2026) | 10-Q, August 13, 2026 |
|---|---|---|
| Public float | $248M (as of June 30, 2025) | 10-K, March 30, 2026 |
| Reportable segments | 2 (period ending June 30, 2025) | 10-K, March 30, 2026 |
| Latest proxy statement | Meeting December 16, 2026 (filed November 4, 2026) | DEF 14A, November 4, 2026 |
| Auditor | Wolf & Company, P.C. (Boston, Massachusetts) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| September 22, 2026 | Daniel Kang Chief Strategy Officer | Buy | 10,440 | $92K | Form 4, September 23, 2026 |
| August 20, 2026 | Daniel Kang Chief Strategy Officer | Buy | 11,000 | $43K | Form 4, August 21, 2026 |
| August 14, 2026 | Daniel Kang Chief Strategy Officer | Buy | 13,000 | $38K | Form 4, August 17, 2026 |
| December 10, 2025 | Parker White COO, CHIEF INVESTMENT OFFICER | Buy | 17,760 | $102K | Form 4, December 11, 2025 |
| November 25, 2025 | Daniel Kang Chief Strategy Officer | Buy | 4,200 | $29K | Form 4, November 25, 2025 |
| November 25, 2025 | Parker White COO & Chief Investment Officer | Buy | 10,044 | $69K | Form 4, November 25, 2025 |
Recent 8-K events
- 8-K filed 2026-11-09
- Item 8.01 Other events
- 8-K filed 2026-11-02
- Item 8.01 Other events
- 8-K filed 2026-10-26
- Item 8.01 Other events
- 8-K filed 2026-10-21
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-10-19
- Item 8.01 Other events
- 8-K filed 2026-10-15
- Item 8.01 Other events
- 8-K filed 2026-10-13
- Item 8.01 Other events
- 8-K filed 2026-10-05
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 8.01 Other events
- 8-K filed 2026-09-28
- Item 8.01 Other events
- 8-K filed 2026-09-21
- Item 8.01 Other events
Frequently asked questions about DeFi Development Corp.
- What does DeFi Development Corp. do?
- In its own words, from Item 1 of its 10-K: "DeFi Development Corp. ("we," "our," "DeFi Dev," "us," or the "Company") is a publicly traded company focused on building and managing a digital asset treasury strategy centered on the Solana blockchain ecosystem. We also provide an artificial intelligence (“AI”) platform that connects commercial mortgage and small business borrowers looking for debt to refinance, build, or buy commercial property, including apartment buildings, to commercial property lenders."
- What is DeFi Development Corp.'s revenue?
- $11.4M for the fiscal year ending December 31, 2025, from its 10-K filed March 30, 2026.
- Is DeFi Development Corp. profitable?
- DeFi Development Corp. reported net income of -$73.8M for the fiscal year ending December 31, 2025.
- How many employees does DeFi Development Corp. have?
- About 16 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of DeFi Development Corp.?
- Joseph Mario Onorati, CEO and Chairman, as named in a 4 filed April 2, 2026.
- Who is the CFO of DeFi Development Corp.?
- Fei Han, Chief Financial Officer, as named in a 4 filed September 18, 2026.
- Where is DeFi Development Corp. headquartered?
- Boca Raton, FL.
- What is DeFi Development Corp.'s stock ticker?
- DFDV, CHAD, DFDVW, DFUKF on Nasdaq.
- What industry is DeFi Development Corp. in?
- Finance Services, SIC code 6199.
- What is DeFi Development Corp.'s website?
- dfdv.com. Investor relations: https://defidevcorp.com/investor.
- When does DeFi Development Corp. report earnings next?
- November 12, 2026 at 08:00. Source: ir_events_fc.
- Is DeFi Development Corp. a public company?
- Yes. DeFi Development Corp. files with the SEC under CIK 0001805526 and trades as DFDV.
- Who audits DeFi Development Corp.?
- Wolf & Company, P.C., Boston, Massachusetts, as named in its latest annual report (10-K).
- How many shares of DeFi Development Corp. are outstanding?
- 31.0 million shares as of August 13, 2026, from its 10-Q filed August 13, 2026.
- What is DeFi Development Corp.'s public float?
- $248M as of June 30, 2025, as reported on the cover of its 10-K filed March 30, 2026.
- How many business segments does DeFi Development Corp. report?
- 2 reportable segments for the period ending June 30, 2025, from its 10-K filed March 30, 2026.
- When is DeFi Development Corp.'s annual shareholder meeting?
- December 16, 2026, per its proxy statement (DEF 14A) filed November 4, 2026.
- Have DeFi Development Corp. insiders traded stock recently?
- Since November 25, 2025, officers and directors reported 0 open-market sales and 6 purchases worth about $373K on Forms 4 and 5. The most recent: Daniel Kang (Chief Strategy Officer) bought 10,440 shares on September 22, 2026.