US-listed SOL Treasury Firm DFDV Raises $125 Million to Increase SOL Holdings
On August 25, it was reported that US-listed SOL treasury company DeFi Development Corp (DFDV) announced today that it has signed a definitive agreement to raise $125 million in equity financing at a price of $12.50 per share. The consideration for this issuance will be a combination of cash and locked-up SOL, further strengthening DFDV’s strategy to maximize growth in Solana per share (SPS). The net proceeds will be used to increase holdings of spot SOL and discounted locked-up SOL, thereby expanding the size of the treasury assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US SEC Opens Public Comment Period for Canary Staked INJ ETF
Citi: Stablecoin Interest May Trigger Bank Deposit Outflows
Bitcoin mining firm Hyperscale Data to retain all mined BTC and cease all sales
US SEC Confirms Receipt of Canary Staked INJ ETF Application
Trending news
MoreCrypto prices
More








