DeFi Development Corporation Appoints John Han as Chief

BOCA RATON, FL, April 23, 2025 (GLOBE NEWSWIRE) — DeFi Improvement Company (Nasdaq: JNVR) (the “Firm”) at the moment introduced the appointment of Fei “John” Han as Chief Monetary Officer, in addition to Dan Kang (“DK”) as Head of Investor Relations. The brand new appointments underscore the Firm’s dedication to constructing a world-class monetary and investor relations perform because it scales its crypto-forward treasury technique.

Han brings over 15 years of expertise throughout conventional finance and crypto, with a monitor file of management at among the crypto business’s most acknowledged establishments. Most not too long ago, he served as CFO at blockchain-company Provable, and previous to that, held a number of senior roles at Binance together with Vice President of Finance and Head of Finance for Europe, the Center East, Africa, LATAM, and Canada. Earlier in his profession, he led Strategic Finance at Kraken, the place he labored intently with Parker White and Joseph Onorati and performed a key position in scaling the enterprise throughout a interval of fast development. Han started his profession in fairness analysis at Goldman Sachs and later served as an investor at Nezu Asia Capital and Driehaus Capital.

“John brings a uncommon mixture of conventional monetary rigor and deep crypto experience,” mentioned Joseph Onorati, CEO of DeFi Improvement Company. “We’re constructing a brand new type of capital markets construction, and he’s precisely the individual we wish steering our monetary technique. Having labored intently with him previously, I’m thrilled to be partnering once more on this subsequent chapter.”

Kang, who joins as Head of Investor Relations, brings greater than a decade of expertise throughout technique, institutional investing, and capital markets. He was most not too long ago Head of Technique at Kraken, the place he spent three years on the company technique workforce and labored alongside White and Onorati. Previous to Kraken, he spent practically a decade in lengthy/brief fairness investing, protecting TMT shares, with extra expertise at Snap Inc. in Technique & Company Improvement, and as a credit score danger analyst at Morgan Stanley.

Former CFO Bruce Rosenbloom will stay with the Firm as EVP of Finance to leverage his 25 years of public market expertise and help with the Firm’s transition. “I’m excited for our subsequent chapter and for the chance to work along-side such a formidable workforce,” mentioned Bruce Rosenbloom, EVP of Finance.

“Bruce has been instrumental in guiding us by means of our public firm journey and serving to lay the groundwork for our evolution,” mentioned Blake Janover, Chief Business Officer. “He’s been a gentle hand by means of main milestones, and we’re deeply grateful for his previous and future contributions.”

The Firm’s monetary management additionally continues to profit from the steerage of Audit Committee Chair Invoice Caragol, who brings many years of public firm expertise and stays an lively member of the Firm’s Board. A longtime govt and former public firm CEO and CFO, Caragol performs an essential position in supporting the Firm’s governance, controls, and monetary oversight.

These additions mirror DeFi Improvement Company’s deep bench of experience in each digital property and public markets. The Firm’s finance and investor relations workforce brings collectively institutional expertise from main crypto corporations, world funding banks, and high-growth public corporations — a key differentiator that strengthens the Firm’s place as a trusted, clear, and execution-oriented participant within the area.

About DeFi Improvement Company

DeFi Improvement Company (Nasdaq: JNVR) has adopted a treasury coverage beneath which the principal holding in its treasury reserve on the stability sheet will likely be allotted to Solana (SOL). In adopting its new treasury coverage, the Firm intends to supply buyers a solution to entry the Solana ecosystem. The Firm’s treasury coverage is anticipated to supply buyers financial publicity to SOL funding.

We’re an AI-powered on-line platform that connects the industrial actual property business by offering knowledge and software program subscriptions in addition to value-add providers to multifamily and industrial property professionals as we join the more and more advanced ecosystem that stakeholders must handle.

We at present serve a couple of million internet customers yearly, together with multifamily and industrial property homeowners and builders making use of for billions of {dollars} of debt financing per 12 months, skilled service suppliers, and hundreds of multifamily and industrial property lenders together with greater than 10% of the banks in America, credit score unions, actual property funding trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, industrial mortgage-backed securities (“CMBS”) lenders, Small Enterprise Administration (“SBA”) lenders, and extra. Our knowledge and software program choices are usually supplied on a subscription foundation as software program as a service (“SaaS”).

Ahead-Wanting Statements

This launch comprises “forward-looking statements” inside the which means of the protected harbor provisions of the U.S. Non-public Securities Litigation Reform Act of 1995. Ahead-looking statements may be recognized by phrases corresponding to: “anticipate,” “intend,” “plan,” “imagine,” “undertaking,” “estimate,” “count on,” technique,” “future,” “doubtless,” “could,”, “ought to,” “will” and comparable references to future intervals. Ahead-looking statements are neither historic info nor assurances of future efficiency. As a substitute, they’re based mostly solely on our present beliefs, expectations and assumptions relating to the way forward for our enterprise, future plans and methods, projections, anticipated occasions and developments, the financial system and different future situations. As a result of forward-looking statements relate to the longer term, they’re topic to inherent uncertainties, dangers and modifications in circumstances which might be tough to foretell and plenty of of that are outdoors of our management. Our precise outcomes and monetary situation could differ materially from these indicated within the forward-looking statements. Subsequently, you shouldn’t depend on any of those forward-looking statements. Vital elements that would trigger our precise outcomes and monetary situation to vary materially from these indicated within the forward-looking statements embody, amongst others, the next: (i) fluctuations available in the market worth of SOL and any related impairment fees that the Firm could incur on account of a lower available in the market worth of SOL under the worth at which the Firm’s SOL are carried on its stability sheet; (ii) the impact of and uncertainties associated the continuing volatility in rates of interest; (iii) our capability to attain and keep profitability sooner or later; (iv) the impression on our enterprise of the regulatory surroundings and complexities with compliance associated to such surroundings together with modifications in securities legal guidelines or different legal guidelines or laws; (v) modifications within the accounting remedy regarding the Firm’s SOL holdings; (vi) our capability to reply to normal financial situations; (vii) our capability to handle our development successfully and our expectations relating to the event and enlargement of our enterprise; (viii) our capability to entry sources of capital, together with debt financing and different sources of capital to finance operations and development and (ix) different dangers and uncertainties extra totally within the part captioned “Danger Components” within the Firm’s most up-to-date Annual Report on Kind 10-Ok and different studies we file with the SEC. On account of these issues, modifications in info, assumptions not being realized or different circumstances, the Firm’s precise outcomes could differ materially from the anticipated outcomes mentioned within the forward-looking statements contained on this press launch. Ahead-looking statements contained on this announcement are made as of this date, and the Firm undertakes no responsibility to replace such data besides as required beneath relevant legislation.