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Nasdaq Listed Solana-based DeFi firm DeFi Development makes a strategic investment in the stablecoin protocol Apyx
Svmuu News Nasdaq DeFi Development, a Solana treasury firm, has announced a strategic investment in the stablecoin protocol Apyx. The specific investment amount has not yet been disclosed, but the move aims to establish an early foothold in the emerging Dividend-Backed Stablecoin (DBS) category.The Apyx model converts dividend flows into on-chain yields, providing scarce yield opportunities for the over $300 billion stablecoin market while aligning with the trend among digital asset treasury firms to accumulate digital assets through preferred shares. (Globenewswire)
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Source：Odaily · Source Link
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