DeFi Technologies launches SolFi, designed to be a “Solana Microstrategy”.

In a recent development, DeFi Technologies, a cryptocurrency investment platform, created a new company called SolFi, designed to be a “Solana micro strategy”. SolFi is a DeFi technologies incubator focused on providing investors with direct exposure to the Solana blockchain ecosystem through proprietary trading, validation node operations and ecosystem investments. Specifically, SolFi competes with existing SOL staking platforms and aims to differentiate itself by achieving a higher yield on staked SOL than its peers. In particular, MicroStrategy shares have increased more than 2000% since 2020 after the company entered an all-in-BTC buy strategy.