Solana Treasury Firm DeFi Development Says Executive Parker White Steps Down Effective June 8

Solana treasury company DeFi Development said Parker White has stepped down from his executive role effective June 8 and will serve as an adviser in the short term to support the transition. According to Foresight News, the company said that after the transition period ends, White is expected to focus on Apyx, a DeFi project previously supported by DeFi Development. DeFi Development said it will continue executing its Solana treasury strategy and will keep operating multiple Solana validator nodes acquired in May from an entity associated with White.