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Next: The move

· Parker White, a former Kraken engineering director, becomes Janover's chief investment and operating officer

DeFi Development Corp Names Parker White CIO and COO

GlobeNewswire reported on April 7, 2025, that Parker White, a former Kraken engineering director, became chief investment officer and chief operating officer as part of the Janover takeover.

Updated on 1 min read · 3 sources

The move at a glance

The Moves Ledger, event W0368
Role
Chief Investment Officer and Chief Operating OfficerTop manager
Organization
DeFi Development Corp
In or out
InAppointed Chief Investment Officer and Chief Operating Officer
Became public
The first dated public source, UTC
Minimalist metal wallet displayed with original box and card
Minimalist metal wallet displayed with original box and card. Photo · Pexels
“Parker White, a former Kraken engineering director who ran a Solana validator with $75 million in delegated stake, became chief investment officer of Janover Inc. on April 7, 2025, as its board pointed the company's treasury at Solana. Would a validator operator buy the asset he already stakes?”

Parker White became chief investment officer and chief operating officer of Janover Inc. on April 7, 2025. The April 7, 2025 release named him and Joseph Onorati among the former Kraken executives who bought control1. Cointelegraph reported on April 7, 2025, that White had been a director of engineering at Kraken. At the time he joined, he ran his own Solana validator with $75 million in delegated stake2.

Six leadership moves at DeFi Development Corp since 2025, five in 2025

Leadership moves CryptoLately has verified at DeFi Development Corp, by year

  • 2025: 5
  • 2026: 1

    Moves: The Moves Ledger, CryptoLately's record of verified leadership moves, Oct. 3, 2016 to Oct. 2, 2026.

    Read the chart as a table
    ItemValue
    20255
    20261

    59 executive hires on the record in 2025, the most of any year

    Executive hires CryptoLately has verified, by year; 2026 through Oct. 2, 2026

    • 2025: 59
    • 2019, 2020, 2021, 2022, 2023, 2024, 2026

      Moves: The Moves Ledger, CryptoLately's record of verified leadership moves, Oct. 3, 2016 to Oct. 2, 2026.

      Read the chart as a table
      ItemValue
      201911
      202012
      202127
      202237
      202320
      202439
      202559
      202645

      The move

      GlobeNewswire's release said Onorati and White brought “deep expertise in the digital asset space including experience in trading, staking, engineering, and operations”1. Onorati described the pair's combined hiring push in the same release. “We've brought together an exceptional team with deep digital assets and public market expertise to make it happen,” he said. White's background set him apart from a typical corporate finance hire. He had managed a $2 billion bond portfolio at an institutional investment firm before Kraken, the release said.

      DeFi Development Corp before and after

      Janover Inc. had run a commercial real estate data and software platform, GlobeNewswire's release said1. Janover's board adopted a policy on April 7, 2025, directing its treasury reserve toward Solana, with plans to acquire validators and stake SOL through them, a plan that matched the validator work White already ran on his own2.

      What came next

      White stayed in the role for just over a year. He resigned as an executive effective June 8, 2026, and moved to an advisory position, BitcoinWorld reported on June 9, 20263. Next, the report said, White planned to shift his full attention to Apyx, a decentralized finance project backed by DeFi Development Corp. The company's stated direction held, the report found. BitcoinWorld wrote that his exit raised questions about whether the Solana strategy would continue.

      Sources

      1. "Crypto Industry Leaders Acquire Majority Ownership of Janover Inc.," GlobeNewswire, April 7, 2025, https://www.nasdaq.com/press-release/crypto-industry-leaders-acquire-majority-ownership-janover-inc-2025-04-07
      2. Christopher Tepedino, "Former Kraken execs acquire real estate firm Janover, disclose SOL treasury plans," Cointelegraph, April 7, 2025, https://cointelegraph.com/news/janover-price-rises-1000-with-new-crypto-ownership-sol-treasury-plans
      3. "DeFi Development Co-Founder Parker White Steps Down, Shifts Focus to Apyx," BitcoinWorld, June 9, 2026, https://news.google.com/rss/articles/CBMijwFBVV95cUxOZTVxZXVtZGp4dzlVb1VGdERHUFhxek1mMmI0dkJlLWVVTWRJVDk2eEYyNWFzNUZTUnl4b1BxVmhqUW5NQjFnT2ZOVmFUU3pwZzFmN1JZbVUxaW9sNWJNaTk3N2lIMTJZWXZhZ293bWE2dnNMZlVmRnFBalE2RWhXUk10V1FwNXFjcXBZcU02MA?oc=5

      Cite this piece

      Ryan Elliott Dennis, "DeFi Development Corp Names Parker White CIO and COO," CryptoLately, Apr 7, 2025, https://cryptolately.com/articles/defi-development-corp-names-parker-white-cio-and-coo

      Tags: DeFi Development Corp · Parker White · Solana · executive hire

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