DeFi Development Corp.
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DeFi Development Corp. is a special purpose acquisition company (SPAC) formed to identify and merge with a business in the decentralized finance sector. The company focuses on blockchain-based financial services and technologies that operate without traditional intermediaries. SPACs like DFDV raise capital through an initial public offering with the purpose of acquiring or merging with an existing private company within a specified timeframe. Upon completion of a business combination, the merged entity operates as a publicly-traded company.