DeFi Development Corp.
DeFi Development Corp. (NASDAQ: DFDV) is trading at $5.57, about ₹535 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.09% today. Indian residents can buy DeFi Development from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$5.40
Today's high
$5.88
52 week low
$2.44
52 week high
$18.28
DFDV opened at $5.83, closed previously at $5.58, and has traded between $2.44 and $18.28 over the past 52 weeks.
About
DeFi Development Corp. (DFDV) operates an AI-driven digital platform designed to centralize and enhance the commercial real estate (CRE) industry. It supplies multifamily and commercial property professionals with essential data, specialized software subscriptions, and bespoke value-added services. Beyond its core operations, DFDV has adopted an innovative, cryptocurrency-centric treasury strategy; a significant portion of its primary treasury assets is allocated to Solana (SOL), thereby offering investors indirect economic participation in the burgeoning Solana ecosystem.
Key statistics
Avg. volume
1.38M
Market cap
$167.76M
P/E Ratio
-0.61
Price-to-sales ratio
11.12
Enterprise value
$214.74M
Free cash flow yield
-19.28%
Debt-to-equity ratio
-10.02
Return on equity
-74.34%
ROIC
-3.36%
Beta
-3.70
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$11.39M
Earnings per share
-$4.00
Free cash flow
-$17.97M
Net profit margin
-1319.46%
Gross margin
95.43%
EBITDA
-$63.80M
Revenue growth
442.28%
Similar securities
This is not an investment recommendation
How to buy DeFi Development from India
Indian residents can buy DeFi Development shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for DeFi Development and place an order
Find DeFi Development by name or by its ticker, DFDV, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. DeFi Development trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your DeFi Development position in USD and INR. DeFi Development pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in DeFi Development from India
Trading and taxes when buying DeFi Development from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneDeFi Development does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy DeFi Development stock?
Yes. DeFi Development (DFDV) has been listed on NASDAQ since 2023, in the Asset Management industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one DeFi Development share cost in rupees?
One DeFi Development share is $5.57 — about ₹535 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the DeFi Development price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying DeFi Development from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of DeFi Development?
Yes. One DeFi Development share is $5.57, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in DeFi Development.
How are gains on DeFi Development shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the DeFi Development price. Paasa issues a capital-gains statement for your return.
Does DeFi Development pay a dividend?
No. DeFi Development does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade DeFi Development from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on DeFi Development shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare DeFi Development shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your DeFi Development holding, its cost and its closing value.
How do I sell DeFi Development and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.