DeFi Development Closes ~$11M Shares Offering Of Its Variable Rate Series C Perpetual Preferred Stock, Rolling Out SOL-Backed CHAD
DeFi Development Corp. (NASDAQ:DFDV) (the "Company"), the first U.S. public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today announced the closing of its previously
DeFi Development raised $11 million by selling special stock that pays a variable interest rate, and they're launching a new SOL-backed product called CHAD. This shows the company is investing in growth, but variable rates mean payouts could go up or down.
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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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