Aloid Architects to Build Partnership with Nasdaq-Listed DeFi Development Corp.

Aloid Architects Inc. (Headquarters: Shibuya-ku, Tokyo; Representative Director and Chairman: Yuji Tanaka; Securities Code: 6081; hereinafter "the Company"), which realizes corporate growth through the power of AX, has decided to conduct asset management aiming to earn yields through staking of its held SOL (native token on the Solana blockchain) by utilizing Solana validators operated by DeFi Development Corp. (Nasdaq: DFDV; Headquarters: Boca Raton, Florida, USA; hereinafter "DeFi") through its consolidated subsidiary Allied Verse Pte. Ltd. (Location: Republic of Singapore; Representative: Masahide Nakamura; hereinafter "Aloid Verse"), in a partnership with DeFi, a Nasdaq-listed company, for on-chain asset management utilizing Solana.

The Company advocates a policy of building a portfolio centered on "on-chain financial stocks," anticipating the arrival of an era where all assets such as stocks, bonds, real estate, and IP are traded on-chain (recorded on the blockchain) 24 hours a day, 365 days a year. The commencement of Solana validator operations through its subsidiary Aloid Verse is expected, and this initiative will further enhance those efforts. The Company plans to expand the knowledge gained through this operation into services for supporting the introduction and operation of digital assets for corporations and investors, in compliance with relevant laws and regulations.

Partner: About DeFi

DeFi is said to be the first US-listed company to establish a treasury strategy aimed at accumulating and compounding SOL (based on DeFi's announcement). The company places the maximization of its unique indicator, "SOL Per Share (SPS)," which indicates the amount of SOL backing each share, at the core of its management, and in addition to holding and staking SOL, it operates its own validator infrastructure.

Furthermore, DeFi has invested in the Company as an allottee of new shares and the 24th stock acquisition rights resolved by the Company on April 21, 2026. Based on this capital relationship, the two companies are discussing the possibility of business alliances in the on-chain financial field, including Solana.

DeFi issues the LST "dfdvSOL," representing SOL delegated to the validators it operates, using Sanctum's technology, which provides the foundation for liquid staking tokens (hereinafter "LST") on Solana. Through this, DeFi is said to be the first listed company to hold and utilize LST on Solana (based on DeFi's announcement). Holders of dfdvSOL can maintain liquidity while staking SOL, and staking rewards are automatically reflected in the redemption value of dfdvSOL.

dfdvSOL is integrated with Kamino, one of the largest lending protocols in the Solana ecosystem, enabling yield generation and utilization as collateral. The Company plans to conduct asset management utilizing this dfdvSOL through its subsidiary Aloid Verse. Please refer to the next section for specific methods.

In-house Operation Starting with Solana Staking

What is Validator Operation?

Validators are nodes (participants) that contribute to network maintenance by verifying daily transactions occurring on the blockchain. The mechanism of earning rewards by locking tokens in protocols (smart contracts) and participating as a validator directly or through delegation is called "staking."

What is LST (Liquid Staking Token)?

SOL deposited with a validator for staking cannot be moved until staking is canceled. During this period, opportunities to trade or use that SOL as collateral are lost, leading to missed potential revenue opportunities.

LST was created to solve this problem. LST functions as a "deposit certificate" backed by SOL during staking, and its value increases reflecting staking rewards. Users can hold the value of their staked SOL in a liquid form as LST, allowing for secondary operations such as using LST as collateral in DeFi (Decentralized Finance) while earning staking rewards. The "dfdvSOL" used in this initiative is an LST representing SOL delegated to validators operated by DeFi.

What is Looping Operation Utilizing DeFi (Decentralized Finance)?

Through its subsidiary Aloid Verse, the Company will utilize dfdvSOL provided by DeFi, for example, in Kamino, one of the largest lending DeFi platforms on Solana, as follows:

1. Stake held SOL with DeFi's validators and obtain dfdvSOL in return.

2. Borrow SOL by paying interest using that dfdvSOL as collateral.

3. Use the borrowed SOL for staking again and obtain new dfdvSOL.

4. Use the newly obtained dfdvSOL as collateral again in Kamino to borrow SOL.

5. Repeat steps 3 and 4 thereafter.

This method of accumulating dfdvSOL positions by using borrowed SOL for staking again is called "looping operation" and is expected to increase the efficiency of asset management utilizing Solana.

Looping operation involves risks such as liquidation risk due to collateral value depreciation, risks arising from smart contract vulnerabilities, risks of LST (dfdvSOL) liquidity reduction and peg deviation, and risks of borrowing interest rate fluctuations. The Company aims to improve operational efficiency through staking rewards and DeFi utilization by implementing looping operations via Aloid Verse. This looping operation will be conducted under an appropriate risk management system in compliance with relevant laws and regulations.

<DeFi Development Corp. Company Overview>

Company Name

DeFi Development Corp. (Nasdaq: DFDV)

Location

Boca Raton, Florida, USA

URL

https://defidevcorp.com/

Business Activities

Treasury strategy for accumulating and compounding Solana (SOL), validator operations, provision of LST (dfdvSOL), etc.

<Operating Entity: Allied Verse Pte. Ltd. Company Overview>

Company Name

Allied Verse Pte. Ltd.

Representative

Masahide Nakamura

Location

Republic of Singapore

Business Activities

Digital asset management business (entity implementing operations based on this initiative)

Capital Relationship

Consolidated subsidiary of the Company (Aloid Architects Inc.)

<Aloid Architects Inc. Company Overview>

Representative

Representative Director and Chairman: Yuji Tanaka

Director and President: Masato Muraoka

Location

1-19-15 Ebisu, Shibuya-ku, Tokyo, Uno Sawa Tokyu Building 4F

URL

https://www.aainc.co.jp

Established

August 30, 2005

Business Activities

Marketing AX support business / Asset AX business

<About Aloid Architects Inc.>

Aloid Architects Inc. is an AX company that promotes AX (AI Transformation), redesigning traditional business structures with an AI premise to achieve sustainable corporate growth.

It develops a "Marketing AX business" that transforms marketing with AI-driven data x creative, and an "Asset AX business" that aims to improve asset value through AX in the on-chain economic sphere.

Since its founding in 2005, the company has accumulated over 6,000 marketing support achievements, customer voice data assets including UGC, and proprietary SaaS and AI technologies. It is a group of planners and creators that continuously transforms itself, bringing together digital and AI talent responsible for everything from strategy planning to creative, operation, and development, aiming for a "society where the creativity of people and companies circulates worldwide."

*Company names, product names, service names, etc. mentioned in this release are trademarks or registered trademarks of their respective companies.

*dfdvSOL is an LST provided by DeFi Development Corp. using Sanctum's technology. Aloid Verse and the Company are not responsible for its development, security, or operation.

*Holding and operating crypto assets involves risks such as price fluctuation risk, liquidation risk due to collateral value depreciation, liquidity reduction and peg deviation risk of liquid staking tokens, smart contract vulnerability risk, risks related to private key management, and risks associated with changes in regulatory trends. This release is for informational purposes regarding the business activities of our group and is not an invitation to participate in specific crypto assets or crypto asset-related services.

*Operations based on this initiative will be conducted by Allied Verse Pte. Ltd. in the Republic of Singapore.