Metavesco Inc., a diversified holding company and architect of the OTCfi ecosystem, has congratulated DeFi Dev Corp on launching its DONT memecoin, making DeFi Dev Corp the second publicly traded company to enter the memecoin space. This development follows Metavesco's own historic achievement in September 2025, when it became the first publicly traded company to launch a memecoin, OTCfi, via Pump.fun on the Solana blockchain.
Ryan Schadel, CEO of Metavesco, stated that competition validates the company's thesis, noting that innovation does not require a major exchange listing but rather vision and execution. He emphasized that Metavesco's pioneering efforts on the OTC markets demonstrate that companies outside traditional big board exchanges can lead in blockchain innovation. The OTC markets encompass over 10,000 securities and feature a dedicated retail trading community, which Metavesco has actively engaged through its initiatives.
Metavesco has established a consistent track record as a first mover at the intersection of public markets and blockchain technology. The company was the first fully reporting public company to launch liquidity pools on Uniswap and the first to recognize revenue from an airdrop, specifically ApeCoin. It also became the first public company to own a Bored Ape Yacht Club NFT, which was the source of the ApeCoin airdrop. Following the launch of OTCfi, Metavesco claimed the distinction of being the first public company to claim creator rewards on Pump.fun and to execute a community token airdrop to retail traders.
Recently, Metavesco announced that its memecoin, OTCfi, became the first from a public company to be listed on CoinGecko, further solidifying its innovative position. Key dates in Metavesco's memecoin timeline include the release of a white paper titled "Tokenizing the OTC: A Vision for Transparency, Liquidity, and Growth" on August 26, 2025, ahead of an SEC roundtable with Commissioner Hester Peirce. On August 29, 2025, the company announced a historic forthcoming announcement, followed by making history with the first token airdrop by a public company on September 3, 2025, and becoming the first public company to claim creator rewards on Pump.fun on September 9, 2025.
OTCfi is described as the Community Token of the OTC, designed to unite traders, holders, and issuers to enhance transparency, liquidity, and social engagement on chain. Built on Solana, it aims to become the digital asset treasury token of choice for OTC issuers. Metavesco is developing a suite of tools within the OTCfi Ecosystem to support OTC issuers and investors, with more information available at otcfi.io. The contract address for OTCfi is 66MH83n3jRqZMni87niTyKRoGbh9HxBkTm73sTRKpump.
This news highlights the growing convergence of traditional public markets and decentralized finance, suggesting that OTC-listed companies are increasingly playing a significant role in blockchain innovation. The entry of a second publicly traded company into the memecoin space may signal broader acceptance and integration of digital assets within corporate strategies, potentially influencing regulatory discussions and market dynamics. For investors and industry observers, these developments underscore the importance of monitoring OTC markets for emerging trends in fintech and blockchain, as they can drive transparency and liquidity in previously niche sectors. The progression from Metavesco's initial launch to DeFi Dev Corp's follow-up indicates a maturing landscape where public companies explore memecoins not merely as speculative assets but as tools for community engagement and ecosystem development.
