DeFi Development, Switchboard partner to advance RWA oracle infrastructure

DeFi Development (DFDV) announced the signing of a non-binding Letter of Intent with Switchboard Technology Labs Inc., a core contributor to the Switchboard Protocol, a leading decentralized oracle network on Solana. Under the agreement, DeFi Dev Corp. and Switchboard intend to explore a strategic collaboration focused on building the data and oracle infrastructure necessary to support real-world asset initiatives across the Solana ecosystem. The agreement outlines a mutual interest in the following areas of cooperation: Development of custom oracle feeds for real-world asset pricing and data; Implementation of real-time proof-of-reserve attestations; Joint go-to-market opportunities for RWA-related products; Integration of Switchboard’s oracle infrastructure into DeFi Dev Corp.’s RWA framework.