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

Odaily reported that Solana treasury company DeFi Development Corp. (DFDV), listed on Nasdaq, announced it will no longer be responsible for the daily ecological operations and management of its Meme coin DONT. The ecological leadership has been transferred to an independent team led by Daniel Reis-Faria, which 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, which currently accounts for approximately 31.6% of DONT's total supply, and will hold it long-term in accordance with the project's initial commitments.