DeFi Development Corp. (NASDAQ:DFDV) (the "Company"), the first US public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today announced that Parker White will depart from his executive role with the Company, effective June 8, 2026.

To support an orderly transition, Mr. White will serve as a consultant to the Company for a limited period following his resignation and will assist with the transfer of his responsibilities to the Company's management team. Following the transition period, Mr. White is expected to focus on Apyx, a decentralized financial project previously supported by DFDV, that is backed by variable rate perpetual preferred stock.

While White was a founding member of the team that led the charge on DFDV's Solana treasury strategy, the Company remains a stalwart of the Solana ecosystem and continues to execute its strategy to grow SOL per share. In May 2025, the Company acquired several Solana validators from entities associated with White. The Company plans to continue operating those validators.