Reported Earlier, DeFi Development Intends To Conduct An Initial Public Offering Registered Under The Securities Act Of 1933, As Amended, Of Up To $20M Of Shares Of Its Variable Rate Series C Perpetual Preferred Stock
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Why It Matters
A company that builds crypto tools plans to sell new ownership pieces to raise up to $20 million, following official government rules. This shows the company needs money and thinks it's ready to follow traditional stock market rules.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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