Fragmetric Labs announced plans to establish the first Solana Digital Asset Treasury (DAT) company targeting the South Korean market through a reverse merger with a publicly listed firm. The initiative will leverage Fragmetric’s liquid re-staking protocol and existing partnership with DeFi Development Corp (NASDAQ:DFDV), which manages the dfdvSOL token. Under the proposed structure, Fragmetric and the partner firm will combine assets and operations to create a regulated entity capable of acquiring and staking SOL at scale.
The new treasury company aims to tap into South Korea’s robust appetite for digital asset exposure by offering institutional and retail investors a transparent, regulated vehicle for earning staking rewards. Solana’s onchain metrics indicate over 17 million SOL are currently locked in staking, generating an average annual yield near 7.7%. Fragmetric intends to allocate capital toward higher-yield, low-volatility liquid staking positions, complementing existing validators such as Jito and Jupiter.
As of September 2025, Fragmetric held $96.16 million in total value locked, representing one of the smaller participants in Solana re-staking. The merger with the listed company will provide necessary scale, governance oversight and market listing benefits. Share issuance and asset contribution details will be finalized upon completion of due diligence and regulatory approvals, expected by Q4 2025.
Solana DATs represent an emerging sector where treasury management strategies intersect with decentralized finance innovations. Entities like Forward Industries and DeFi Development Corp have already accumulated significant SOL reserves, but transparent, audited structures for yield optimization remain limited. Fragmetric’s model incorporates automated re-staking logic to capture block rewards and compound yields, aiming to deliver stable passive income streams to token holders.
Twitter announcements by Fragmetric on September 22 highlighted excitement among community members and underscored the partnership’s alignment with broader institutional trends. The firm also plans to integrate risk-management protocols, including multi-sig treasury wallets and insurance coverage for smart contract exploits. These measures are intended to bolster investor confidence and position the DAT as a secure option amid market volatility.
Looking ahead, Fragmetric will pursue additional collaborations with regional financial institutions and decentralized platforms to expand its product offerings. Roadmap milestones include launching a proprietary treasury dashboard, releasing governance tokens and initiating a secondary market program for tokenized SOL derivatives. The company’s long-term vision emphasizes fostering a sustainable ecosystem of onchain treasuries that support network security and liquidity for major blockchain protocols.
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