Citadel CEO discloses massive stake in Solana treasury company

Ken Griffin and Citadel disclosed multimillion-dollar stakes in DeFi Development Corp., signaling rising institutional interest in Solana-linked assets.

Ken Griffin, the billionaire founder and CEO of Citadel, has disclosed a 4.5% stake in DeFi Development Corp. (DFDV), a digital asset treasury company focused on accumulating Solana.

According to a Schedule 13G filing with the US Securities and Exchange Commission (SEC), Griffin holds just over 1.3 million shares, representing about 4.5% of DeFi Development’s outstanding common stock.

Separately, Citadel Advisors LLC and affiliated entities reported ownership of 800,000 DFDV shares, or roughly 2.7% of the company’s outstanding stock.

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