Citadel founder Ken Griffin holds a 4.5% stake in DF DV, betting on Solana.

SOL-1,34%

PANews, October 23 – According to FinanceFeeds, Ken Griffin, the founder and CEO of Citadel and billionaire, disclosed that he holds approximately 4.5% of the shares in DeFi Development Corp. (DFDV); Citadel Advisors and affiliated entities hold a total of about 2.7%. DFDV is a digital asset fund management company focused on increasing its holdings in Solana (SOL), which recently purchased approximately $11.7 billion worth of SOL in just eight days, with total holdings exceeding 21,900 coins and costs around $23.6 billion, second only to Forward Industries (which holds 68,200 coins). Analysts warn that the DAT (digital asset library) model faces risks from regulation, liquidity, and valuation compression.

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