DeFi Development Corp. Partners with Switchboard to Enhance RWA Oracle Infrastructure on Solana

Reuters
07-11
DeFi Development Corp. Partners with Switchboard to Enhance RWA Oracle Infrastructure on Solana

DeFi Development Corp. (Nasdaq: DFDV) has announced a new partnership with Switchboard Technology Labs Inc., a key contributor to the Switchboard Protocol, a leading decentralized oracle network on Solana. This collaboration aims to advance the data and oracle infrastructure necessary to support real-world asset $(RWA.UK)$ initiatives within the Solana ecosystem. The partnership will focus on developing custom oracle feeds for real-world asset pricing, implementing real-time proof-of-reserve attestations, pursuing joint go-to-market opportunities, and integrating Switchboard's oracle infrastructure into DeFi Dev Corp.'s RWA framework. This strategic collaboration underscores the commitment to enhancing trusted, transparent, and verifiable onchain data, which is essential for the growth of tokenized assets on Solana.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DeFi Development Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9492873-en) on July 11, 2025, and is solely responsible for the information contained therein.

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