Ken Griffin and Citadel entities now collectively hold over 7% of DeFi Development Corp., which recently executed multi-billion dollar Solana purchases, reinforcing large-scale institutional involvement in Solana’s ecosystem.
Ken Griffin disclosed owning about 4.5% of DeFi Development Corp., while Citadel Advisors and affiliates hold around 2.7%, bringing total ownership above 7%. DFDV recently acquired $11.7 billion worth of Solana over eight days, amassing over 21,900 SOL valued at $23.6 billion, making it the second-largest holder after Forward Industries. This marks a substantial escalation in institutional engagement with major Solana-based DeFi initiatives.