DeFi Development Corp (NASDAQ: DFDV) is a publicly traded fintech and digital asset company building a treasury strategy around the Solana blockchain ecosystem. The company accumulates and compounds SOL – Solana’s native token – while operating validator infrastructure and developing blockchain-related financial products.
The Background
Unlike most organizations that adopt a new accounting platform to replace a broken one, DeFi Development Corp had a different challenge: as a company founded in 2025, they needed to build their digital asset accounting infrastructure from the ground up – and get it right from day one.
Chris Becker learned about TRES through a recommendation from Kranz Consulting, a service provider in the digital asset accounting space, and moved forward without evaluating other platforms. The decision proved straightforward, and the team had a “very smooth onboarding.”
The Solution
After connecting with TRES, DeFi Development Corp implemented the platform alongside its existing finance stack, including NetSuite. For a focused finance team managing complex onchain operations, the TRES managed services offering quickly became a core part of the workflow.
“We have the help of the services team, which I highly recommend for teams that want additional support – they can assist with the close as well as the identification and tagging of transactions,” said Chris.
The Impact
Today, the DeFi Development Corp finance team uses TRES across their full month-end close process – including monthly reconciliations, inventory roll forwards, position analysis, transaction tagging, and syncing activity into the general ledger.
For a publicly traded company, audit readiness is non-negotiable. TRES has become central to that process.
“The digital asset roll forward is a key report in our audit process, and it originates from data captured by TRES,” said Chris.
The most valuable capabilities for the team:
- Reconciliation: reliable month-end close across a complex Solana treasury
- Inventory roll forwards: clean, auditor-ready reporting on digital asset balances
- AI transaction classification: automated identification of transaction types, reducing manual review
- Managed services: hands-on support during close cycles
“The reporting function is very useful, as is the AI function, which helps identify transaction types,” said Chris.
Looking Ahead
For DeFi Development Corp, TRES isn’t a replacement for a solution that wasn’t working, it’s the foundation they chose to build on from the start.
Chris recommends TRES to “any company that has a digital asset inventory.”
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