Metavesco, Inc. 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 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.
Metavesco CEO Ryan Schadel stated that competition validates the company's approach to blockchain innovation. "When a Nasdaq company follows the path we pioneered on the OTC, it proves that innovation doesn't require a big board listing, it just requires vision and execution," Schadel said. The company has established multiple firsts at the intersection of public markets and blockchain technology, including being the first fully reporting public company to launch liquidity pools on Uniswap and the first public company to recognize revenue from an airdrop.
Metavesco's OTCfi token represents what the company describes as the Community Token of the OTC, designed to unite traders, holders, and issuers to bring transparency, liquidity, and social energy on chain. The token is built on Solana and intended to become the digital asset treasury token of choice for OTC issuers. Metavesco is developing a suite of tools within the OTCfi Ecosystem for OTC issuers and investors, with more information available at otcfi.io.
The company's timeline of blockchain achievements includes releasing a white paper titled "Tokenizing the OTC: A Vision for Transparency, Liquidity, and Growth" in August 2025 ahead of an SEC roundtable with Commissioner Hester Peirce. In September 2025, Metavesco executed the first token airdrop by a public company and became the first public company to claim creator rewards on Pump.fun. Most recently, Metavesco announced that its memecoin became the first from a public company to be listed on CoinGecko.
Schadel emphasized that innovation occurs across all market segments, not just major exchanges. "The OTC has over 10,000 securities and a passionate retail trading community. We've proven that companies down here can lead, not follow," he added. This corporate movement into memecoins represents a significant shift in how publicly traded companies engage with blockchain technology and digital assets, moving beyond traditional cryptocurrency investments to creating branded community tokens.
The development signals growing acceptance of blockchain-based community tokens within corporate structures and suggests that more public companies may follow this path. For business leaders and technology executives, this trend indicates that blockchain innovation is no longer confined to startups and cryptocurrency-native companies but is becoming integrated into publicly traded corporate strategies. The implications extend to how companies might engage with retail investors, create new revenue streams, and build community around their brands using blockchain technology.
