Solana treasury company DFDV will no longer be responsible for the daily ecosystem operation and management of Meme coin DONT

TechFlow news, July 8, Nasdaq-listed Solana treasury company DeFi Development Corp. (DFDV) announced that it will no longer be responsible for the daily ecosystem operation and management of its Meme coin DONT, with ecosystem leadership transferred to an independent team led by Daniel Reis-Faria, who will focus on DONT ecosystem development, community building, partnership expansion, and liquidity enhancement. DFDV added that it will continue to hold its DONT treasury allocation, currently accounting for approximately 31.6% of DONT's total supply, and hold long-term according to the project's initial commitment.