DeFi Development Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqCM:DFDV Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
04 Apr 25	SellUS$3,570,297	Blake Janover	Individual		5,100,424	US$0.70

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of DFDV?
Owner Type	Number of Shares	Ownership Percentage
Hedge Funds	1,730,926	5.51%
VC/PE Firms	1,752,069	5.58%
Individual Insiders	2,862,427	9.12%
Private Companies	3,479,721	11.1%
Institutions	4,204,606	13.4%
General Public	17,359,840	55.3%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 217.5%.

Top Shareholders

Top 25 shareholders own 47.52% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.19%	Defi Dev Llc	2,884,287	US$19.5m	0%	no data
7.06%	Joseph Onorati	2,216,137	US$15.0m	0%	no data
5.58%	Maven 11 Capital B.V.	1,752,069	US$11.9m	0%	no data
5.51%	Citadel Advisors LLC	1,730,926	US$11.7m	375%	0.01%
2.75%	Pantera Capital Partners LP	862,659	US$5.8m	0%	1.31%
2.34%	The Vanguard Group, Inc.	735,459	US$5.0m	93.4%	no data
1.97%	Alyeska Investment Group, L.P.	619,816	US$4.2m	0%	0.01%
1.93%	Parker White	604,884	US$4.1m	0%	no data
1.91%	Weiss Asset Management, LLC	599,997	US$4.1m	0%	0.09%
1.9%	Groundbreaker Technologies, Inc.	595,434	US$4.0m	0%	no data
1.87%	Heights Capital Management, Inc.	586,312	US$4.0m	0%	-3.2%
1.33%	Polar Asset Management Partners Inc.	418,794	US$2.8m	0%	0.12%
0.9%	BlackRock, Inc.	283,795	US$1.9m	77.2%	no data
0.6%	The Goldman Sachs Group, Inc.	188,151	US$1.3m	0%	no data
0.58%	Susquehanna International Group, LLP	181,777	US$1.2m	21.6%	no data
0.55%	Geode Capital Management, LLC	173,936	US$1.2m	86.6%	no data
0.41%	Millennium Management LLC	129,460	US$876.4k	0%	no data
0.2%	State Street Global Advisors, Inc.	63,547	US$430.2k	99.1%	no data
0.19%	Lauer Wealth, LLC	60,100	US$406.9k	0%	0.32%
0.16%	Advent Capital Management, LLC	50,000	US$338.5k	0%	0.45%
0.14%	UBS Asset Management AG	45,282	US$306.6k	5.11%	no data
0.13%	GWL Investment Management Ltd.	41,642	US$281.9k	7.85%	no data
0.099%	NewEdge Advisors, LLC	31,225	US$211.4k	5,100%	no data
0.099%	Wells Fargo & Company	31,101	US$210.6k	758%	no data
0.099%	Wolverine Trading, LLC	31,069	US$210.3k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/21 05:59
End of Day Share Price	2025/11/21 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

DeFi Development Corp. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Brett Knoblauch	Cantor Fitzgerald & Co.
Thomas Shinske	Cantor Fitzgerald & Co.
George Sutton	Craig-Hallum Capital Group LLC