DeFi Development announces open market stock purchases

DeFi Development (DFDV) announced, as disclosed in recently filed Form 4 statements with the U.S. Securities and Exchange Commission, that members of its executive leadership team purchased additional shares of the Company’s common stock in open-market. Parker White, COO & CIO, purchased $69,420 of DFDV common stock on November 25, 2025, representing a total of 10,044 shares, in open market transactions. Daniel Kang, CSO, purchased 4,200 shares of DFDV common stock on November 25, 2025, at a price of $6.90 per share, for a total investment of $28,980. Recent SEC filings also disclosed certain transfers of indirect beneficial ownership between affiliated entities. These transfers were administrative in nature, did not involve any open-market sales, and did not change the aggregate economic ownership of the parties involved. The filings reported changes in indirect ownership resulting from the transfer of partnership units in SolSync Solutions Partnership, a general partnership in which both Parker White and Joseph Onorati hold interests. The transfer of units led to corresponding shifts in the indirect ownership of DFDV common stock and warrants previously held by the partnership, including allocations to Defi International Holding LLC, an entity managed by Mr. Onorati, in connection with the repayment of a loan between Mr. White and Mr. Onorati. Additionally, DeFi Dev LLC, the LLC entity used to acquire a portion of the controlling interest from Blake Janover, distributed a portion of the shares to the relevant members. The shares were distributed based on pro-rata ownership within the LLC and do not reflect any changes in the underlying, pass-through ownership of the members.