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DeFi Development Corporation Appoints John Han as Chief Financial Officer

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DeFi Development (NASDAQ: JNVR) has announced key leadership appointments, naming Fei 'John' Han as Chief Financial Officer and Dan Kang as Head of Investor Relations. Han brings over 15 years of experience in traditional finance and crypto, having served as CFO at Provable and held senior roles at Binance and Kraken.

Former CFO Bruce Rosenbloom will transition to EVP of Finance, maintaining his 25 years of public market experience within the company. The appointments strengthen JNVR's financial and investor relations capabilities as it expands its crypto-forward treasury strategy.

Dan Kang joins with more than a decade of experience in strategy, institutional investing, and capital markets, previously serving as Head of Strategy at Kraken. The company continues to benefit from Audit Committee Chair Bill Caragol's oversight, who brings extensive public company experience to the board.

DeFi Development (NASDAQ: JNVR) ha annunciato importanti nomine nel suo team dirigenziale, nominando Fei 'John' Han come Chief Financial Officer e Dan Kang come Responsabile delle Relazioni con gli Investitori. Han vanta oltre 15 anni di esperienza nella finanza tradizionale e nel settore crypto, avendo ricoperto il ruolo di CFO presso Provable e posizioni di rilievo in Binance e Kraken.

L'ex CFO Bruce Rosenbloom passerà a EVP of Finance, continuando a mettere a disposizione dell'azienda i suoi 25 anni di esperienza nei mercati pubblici. Queste nomine rafforzano le capacità finanziarie e di gestione delle relazioni con gli investitori di JNVR, mentre l'azienda espande la sua strategia di tesoreria orientata alle criptovalute.

Dan Kang arriva con oltre un decennio di esperienza in strategia, investimenti istituzionali e mercati dei capitali, avendo precedentemente ricoperto il ruolo di Head of Strategy presso Kraken. L'azienda continua a beneficiare della supervisione del Presidente del Comitato di Revisione, Bill Caragol, che apporta una vasta esperienza in società quotate al consiglio di amministrazione.

DeFi Development (NASDAQ: JNVR) ha anunciado nombramientos clave en su equipo directivo, designando a Fei 'John' Han como Director Financiero y a Dan Kang como Jefe de Relaciones con Inversores. Han aporta más de 15 años de experiencia en finanzas tradicionales y criptomonedas, habiendo sido CFO en Provable y desempeñado cargos senior en Binance y Kraken.

El ex CFO Bruce Rosenbloom pasará a ser EVP de Finanzas, manteniendo sus 25 años de experiencia en mercados públicos dentro de la empresa. Estos nombramientos fortalecen las capacidades financieras y de relaciones con inversores de JNVR mientras expande su estrategia de tesorería enfocada en criptomonedas.

Dan Kang se une con más de una década de experiencia en estrategia, inversión institucional y mercados de capitales, habiendo sido anteriormente Jefe de Estrategia en Kraken. La empresa sigue beneficiándose de la supervisión del Presidente del Comité de Auditoría, Bill Caragol, quien aporta amplia experiencia en compañías públicas al consejo.

DeFi Development (NASDAQ: JNVR)는 주요 임원 인사를 발표하며 Fei 'John' Han을 최고재무책임자(CFO)로, Dan Kang을 투자자 관계 책임자로 임명했습니다. Han은 Provable에서 CFO를 역임하고 Binance와 Kraken에서 고위직을 맡는 등 전통 금융과 암호화폐 분야에서 15년 이상의 경험을 보유하고 있습니다.

전 CFO인 Bruce Rosenbloom은 금융 담당 EVP로 전환하며 회사에서 25년간 쌓은 공개시장 경험을 계속 활용할 예정입니다. 이번 임명은 암호화폐 중심의 자금 운용 전략을 확장하는 JNVR의 재무 및 투자자 관계 역량을 강화합니다.

Dan Kang은 전략, 기관 투자, 자본 시장 분야에서 10년 이상의 경력을 가지고 있으며, 이전에는 Kraken에서 전략 책임자를 역임했습니다. 회사는 공개기업 경험이 풍부한 감사위원회 의장 Bill Caragol의 감독도 계속 받고 있습니다.

DeFi Development (NASDAQ : JNVR) a annoncé des nominations clés au sein de sa direction, nommant Fei 'John' Han au poste de Directeur Financier et Dan Kang comme Responsable des Relations Investisseurs. Han apporte plus de 15 ans d'expérience en finance traditionnelle et crypto, ayant été CFO chez Provable et occupé des postes de direction chez Binance et Kraken.

L'ancien CFO Bruce Rosenbloom passera au poste de EVP Finance, conservant ses 25 ans d'expérience sur les marchés publics au sein de l'entreprise. Ces nominations renforcent les capacités financières et les relations investisseurs de JNVR alors qu'elle développe sa stratégie de trésorerie axée sur les cryptomonnaies.

Dan Kang rejoint l'équipe avec plus de dix ans d'expérience en stratégie, investissement institutionnel et marchés de capitaux, ayant précédemment été Responsable de la Stratégie chez Kraken. L'entreprise continue de bénéficier de la supervision du Président du Comité d'Audit, Bill Caragol, qui apporte une vaste expérience des sociétés cotées au conseil d'administration.

DeFi Development (NASDAQ: JNVR) hat wichtige Führungspositionen besetzt und Fei 'John' Han zum Chief Financial Officer sowie Dan Kang zum Leiter der Investor Relations ernannt. Han bringt über 15 Jahre Erfahrung in traditioneller Finanzwirtschaft und Kryptowährungen mit und war CFO bei Provable sowie in leitenden Positionen bei Binance und Kraken tätig.

Der ehemalige CFO Bruce Rosenbloom wird zum Executive Vice President of Finance wechseln und bringt seine 25-jährige Erfahrung am öffentlichen Markt weiterhin in das Unternehmen ein. Diese Ernennungen stärken JNVRs Finanz- und Investor-Relations-Fähigkeiten, während das Unternehmen seine kryptofokussierte Treasury-Strategie ausbaut.

Dan Kang verfügt über mehr als ein Jahrzehnt Erfahrung in Strategie, institutionellem Investment und Kapitalmärkten und war zuvor Leiter der Strategie bei Kraken. Das Unternehmen profitiert weiterhin von der Aufsicht des Vorsitzenden des Prüfungsausschusses, Bill Caragol, der umfangreiche Erfahrung mit börsennotierten Unternehmen in den Vorstand einbringt.

Positive
  • Strategic strengthening of leadership team with extensive crypto and traditional finance expertise
  • Retention of former CFO as EVP of Finance ensures operational continuity
  • Addition of experienced Head of IR enhances investor communications capabilities
Negative
  • None.

BOCA RATON, FL, April 23, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corporation (Nasdaq: JNVR) (the “Company”) today announced the appointment of Fei “John” Han as Chief Financial Officer, as well as Dan Kang (“DK”) as Head of Investor Relations. The new appointments underscore the Company’s commitment to building a world-class financial and investor relations function as it scales its crypto-forward treasury strategy.

Han brings over 15 years of experience across traditional finance and crypto, with a track record of leadership at some of the crypto industry's most recognized institutions. Most recently, he served as CFO at blockchain-company Provable, and prior to that, held multiple senior roles at Binance including Vice President of Finance and Head of Finance for Europe, the Middle East, Africa, LATAM, and Canada. Earlier in his career, he led Strategic Finance at Kraken, where he worked closely with Parker White and Joseph Onorati and played a key role in scaling the business during a period of rapid growth. Han began his career in equity research at Goldman Sachs and later served as an investor at Nezu Asia Capital and Driehaus Capital.

“John brings a rare combination of traditional financial rigor and deep crypto expertise," said Joseph Onorati, CEO of DeFi Development Corporation. “We’re building a new kind of capital markets structure, and he’s exactly the person we want steering our financial strategy. Having worked closely with him in the past, I’m thrilled to be partnering again on this next chapter.”

Kang, who joins as Head of Investor Relations, brings more than a decade of experience across strategy, institutional investing, and capital markets. He was most recently Head of Strategy at Kraken, where he spent three years on the corporate strategy team and worked alongside White and Onorati. Prior to Kraken, he spent nearly a decade in long/short equity investing, covering TMT stocks, with additional experience at Snap Inc. in Strategy & Corporate Development, and as a credit risk analyst at Morgan Stanley.

Former CFO Bruce Rosenbloom will remain with the Company as EVP of Finance to leverage his 25 years of public market experience and assist with the Company’s transition. “I’m excited for our next chapter and for the opportunity to work along-side such an impressive team,” said Bruce Rosenbloom, EVP of Finance.

“Bruce has been instrumental in guiding us through our public company journey and helping lay the groundwork for our evolution,” said Blake Janover, Chief Commercial Officer. “He’s been a steady hand through major milestones, and we’re deeply grateful for his past and future contributions.”

The Company’s financial leadership also continues to benefit from the guidance of Audit Committee Chair Bill Caragol, who brings decades of public company experience and remains an active member of the Company’s Board. A longtime executive and former public company CEO and CFO, Caragol plays an important role in supporting the Company’s governance, controls, and financial oversight.

These additions reflect DeFi Development Corporation’s deep bench of expertise in both digital assets and public markets. The Company’s finance and investor relations team brings together institutional experience from leading crypto firms, global investment banks, and high-growth public companies — a key differentiator that strengthens the Company’s position as a trusted, transparent, and execution-oriented player in the space.

About DeFi Development Corporation

DeFi Development Corporation (Nasdaq: JNVR) has adopted a treasury policy under which the principal holding in its treasury reserve on the balance sheet will be allocated to Solana (SOL). In adopting its new treasury policy, the Company intends to provide investors a way to access the Solana ecosystem. The Company’s treasury policy is expected to provide investors economic exposure to SOL investment.

We are an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions as well as value-add services to multifamily and commercial property professionals as we connect the increasingly complex ecosystem that stakeholders have to manage.

We currently serve more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders including more than 10% of the banks in America, credit unions, real estate investment trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities (“CMBS”) lenders, Small Business Administration (“SBA”) lenders, and more. Our data and software offerings are generally offered on a subscription basis as software as a service (“SaaS”).

Forward-Looking Statements

This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "believe," "project," "estimate," "expect," strategy," "future," "likely," "may,", "should," "will" and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of SOL and any associated impairment charges that the Company may incur as a result of a decrease in the market price of SOL below the value at which the Company’s SOL are carried on its balance sheet; (ii) the effect of and uncertainties related the ongoing volatility in interest rates; (iii) our ability to achieve and maintain profitability in the future; (iv) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (v) changes in the accounting treatment relating to the Company’s SOL holdings; (vi) our ability to respond to general economic conditions; (vii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (viii) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (ix) other risks and uncertainties more fully in the section captioned "Risk Factors" in the Company's most recent Annual Report on Form 10-K and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

Investor Contact:
ir@defidevcorp.com 

Media Contact:
Prosek Partners
pro-ddc@prosek.com 


 



FAQ

What experience does JNVR's new CFO John Han bring to the company?

John Han brings 15+ years of experience in traditional finance and crypto, having served as CFO at Provable, VP of Finance at Binance, and Strategic Finance lead at Kraken, with earlier roles at Goldman Sachs, Nezu Asia Capital, and Driehaus Capital.

How is JNVR structuring its financial leadership transition?

Former CFO Bruce Rosenbloom is transitioning to EVP of Finance, while John Han takes over as CFO and Dan Kang joins as Head of Investor Relations, maintaining continuity while strengthening the company's crypto expertise.

What is JNVR's strategy behind these new executive appointments?

The appointments reflect JNVR's focus on building a world-class financial team combining crypto expertise with traditional finance experience to support its crypto-forward treasury strategy.

Who oversees JNVR's financial governance and controls?

Bill Caragol, the Audit Committee Chair and former public company CEO/CFO, oversees JNVR's governance, controls, and financial oversight as an active board member.
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