DeFi Development appoint Adam Townsend to its board of directors

DeFi Development (DFDV) announced the appointment of Adam Townsend to its board of directors. Townsend recently served as VP and CFO of VIZIO at Walmart, where he oversaw the financial integration of the $2.3B VIZIO acquisition. Prior to the acquisition, he served as CFO of VIZIO, leading the company through its initial public offering in 2021 and sale to Walmart in 2024. “As we continue building the definitive Solana (SOL-USD) treasury company, Adam’s experience will be instrumental in accelerating our capital raising efforts and deepening engagement with institutional investors,” said Joseph Onorati, CEO of DeFi Development.