US-listed DeFi Development Corp. Signs Paid-in Capital Increase Agreement to Acquire Additional Solana

Source
Son Min

Summary

  • DeFi Development Corp. has reportedly signed a paid-in capital increase agreement worth approximately $125,000,000 to acquire additional Solana (SOL).
  • The company stated it plans to strengthen its Solana reserve strategy through this agreement.
  • The CEO of DeFi said that with this funding, they plan to rapidly secure as much Solana as possible to deliver high value to investors.

DeFi Development Corp., listed on Nasdaq, has reportedly signed a paid-in capital increase agreement to acquire additional Solana (SOL). The amount is approximately $125,000,000.

According to GlobeNewswire on the 25th (local time), DeFi Development Corp. announced in a press release, "We have signed a paid-in capital increase agreement worth $125,000,000 to purchase additional Solana," adding, "Through this, we plan to strengthen our Solana reserve strategy."

Joseph Onorati, CEO of DeFi Development Corp., stated, "It is expected that a large amount of Solana will be acquired through this funding," and emphasized, "We will secure as much Solana as possible as quickly as possible to deliver high value to investors."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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