Apr 27, 2025
Defi Development Corp Plans $1B Securities Sale to Boost Solana Holdings
Defi Development Corporation has submitted a registration statement to the SEC for a $1 billion public offering. The filing shows that the company plans to issue common stock, preferred stock, bonds, notes, and warrants. Part of the funds raised will be used to acquire more Solana (SOL) tokens as part of a new treasury strategy. This move follows internal leadership changes and a shift in focus…