PANews reported on October 23rd that billionaire Ken Griffin, founder and CEO of Citadel, disclosed a 4.5% stake in DeFi Development Corp. ( DFDV ). Citadel Advisors and affiliated entities hold a combined 2.7% . DFDV, a digital asset fund management firm focused on increasing its holdings in Solana ( SOL ), recently purchased approximately $11.7 billion worth of Solana over eight days , bringing its total holdings to over 21,900 tokens at a cost of approximately $23.6 billion. This is second only to Forward Industries, which holds 68,200 tokens. Analysts warn that the DAT (Digital Asset Treasurer) model faces regulatory, liquidity, and valuation compression risks.PANews reported on October 23rd that billionaire Ken Griffin, founder and CEO of Citadel, disclosed a 4.5% stake in DeFi Development Corp. ( DFDV ). Citadel Advisors and affiliated entities hold a combined 2.7% . DFDV, a digital asset fund management firm focused on increasing its holdings in Solana ( SOL ), recently purchased approximately $11.7 billion worth of Solana over eight days , bringing its total holdings to over 21,900 tokens at a cost of approximately $23.6 billion. This is second only to Forward Industries, which holds 68,200 tokens. Analysts warn that the DAT (Digital Asset Treasurer) model faces regulatory, liquidity, and valuation compression risks.
Citadel founder Ken Griffin holds a 4.5% stake in DFDV, betting on Solana
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PANews reported on October 23rd that billionaire Ken Griffin, founder and CEO of Citadel, disclosed a 4.5% stake in DeFi Development Corp. ( DFDV ). Citadel Advisors and affiliated entities hold a combined 2.7% . DFDV, a digital asset fund management firm focused on increasing its holdings in Solana ( SOL ), recently purchased approximately $11.7 billion worth of Solana over eight days , bringing its total holdings to over 21,900 tokens at a cost of approximately $23.6 billion. This is second only to Forward Industries, which holds 68,200 tokens. Analysts warn that the DAT (Digital Asset Treasurer) model faces regulatory, liquidity, and valuation compression risks.
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