09:40 AM EDT, 06/05/2025 (MT Newswires) -- Amber International ( AMBR ) and DeFi Development ( DFDV ) said Thursday that they have signed a memorandum of understanding to collaborate on expanding Solana market access and treasury services.

Financial details of the partnership were not disclosed.

The companies said they will expand Amber's product offerings to provide institutional clients with access to Solana-linked investment opportunities, as well as DeFi's Solana accumulation strategy.

Amber may also serve as a broker for DeFi's treasury acquisitions, the parties said.

Amber's stock rose 3.7% in recent Thursday trading, while DeFi's shares fell 4.5%.

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