DeFi Development Corp. plans to issue up to $20 million in perpetual preferred shares, with part of the proceeds used to increase its holdings of SOL
According to GlobeNewsWire, the U.S. publicly traded company DeFi Development Corp. (Nasdaq: DFDV) announced plans to conduct an initial public offering (IPO), issuing up to $20 million in Series C perpetual preferred stock, with net proceeds to be used for working capital, increasing SOL holdings, and investing in other digital assets.
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