Talking Tokens How Digital Asset Treasuries Outperform: DeFi Dev Corp’s Strategy | Joseph Onorati
Aug 19, 2025
In this engaging conversation, Joseph Onorati, CEO of DeFi Development Corp, shares insights from his journey in cryptocurrency, including nearly a decade at Kraken. He explains why DeFi Dev Corp focuses on Solana over Bitcoin and Ethereum, emphasizing its superior treasury strategies. Joseph discusses the advantages of issuing in-house validators and how they can outperform traditional ETFs. Additionally, he delves into the importance of decentralized finance within Solana and the company's strategic acquisitions, painting an optimistic picture for the future.
AI Snips
Chapters
Transcript
Episode notes
Early Gaming Sparked Career In Crypto
- Joseph traces his crypto interest to trading in online game economies and an economics class that explained currency shifts.
- He later discovered Bitcoin via Wired (2011) and moved from policy work to running exchanges and joining Kraken.
Solana Often Leads New Crypto Narratives
- Joseph argues Solana is undervalued relative to other smart-contract chains because user activity and new narratives surface there first.
- He highlights metrics like throughput, wallets, and trading activity as evidence of Solana's lead.
Why Solana Suits A Treasury Strategy
- Solana fits a public treasury model because it has native staking yield, higher volatility, and ecosystem participation opportunities.
- Those traits enable validator operation, convertible financing, and integrated DeFi strategies to grow SOL per share.