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Crypto accumulator DeFi Development to expand globally by franchising its Solana treasury model

cnbc.com Tanaya Macheel 2025-07-22 01:52:21

DeFi Development , a company vying to be the MicroStrategy of Solana, is expanding internationally through a franchise model. The company plans to partner with others looking to operate their own Solana treasuries with DeFi's support. In return, DeFi Development will retain an equity stake in each regional vehicle. The initiative will be branded DFDV Treasury Accelerator. "Most crypto treasury vehicles today are following the MicroStrategy model. What excites us about DFDV is that they're not

Topics: capital defi sol solana treasury
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Peter Thiel just bought a big stake in Tom Lee's ether company and the shares are surging

cnbc.com Tanaya Macheel 2025-07-23 20:58:39

Peter Thiel, president and founder of Clarium Capital Management LLC, holds hundred dollars bills as he speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022. Shares of the ether treasury company Bitmine Immersion Technologies surged Wednesday after tech billionaire Peter Thiel disclosed a 9% stake in the firm through his venture capital firm Founders Fund. The stock was last higher by 12% but rallied as much as 20% at one point. Companies with a similar

Topics: bitcoin bitmine board ether treasury
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Treasury agrees to block DOGE's access to personal taxpayer data at IRS

news.ycombinator.com Jacob Bogage 2025-06-01 13:39:20

The Trump White House and Treasury Department officials have agreed to prohibit the U.S. DOGE Service from accessing personal taxpayer data, according to two people familiar with the arrangement, heading off a brewing privacy crisis at the tax agency. Gavin Kliger, a software engineer with Elon Musk’s DOGE effort assigned to the IRS, will have read-only access to anonymized tax data, the same access granted to academic researchers and IT professionals who work on IRS systems, said the people, wh

Topics: access data doge information treasury
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