DeFi Development Corp added another 55,491 SOL and opened a CHAD at-the-market program for its preferred stock, extending a fast-moving three-week run of capital markets activity.
The Solana treasury company established a $300 million at-the-market offering for its CHAD perpetual preferred stock.
The Block•Jason Shubnell14 Sept
DeFi Development Corp's CHAD is a Variable Rate Series C perpetual preferred stock, with an initial annual dividend rate of 13%.
The Block•Jason Shubnell8 Sept
The successful CHAD offering highlights growing investor confidence in Solana-backed instruments, potentially boosting DeFi market innovation.
CryptoBriefing•Editorial Team8 Sept
DeFi Development Corp. prices CHAD preferred stock IPO at $8 per share, raising $11M to expand its Solana treasury with a 13% annual dividend
CryptoBriefing•Editorial Team4 Sept
The publicly traded company recently bought 19,000 SOL, bringing its treasury to more than 2.33 million SOL and SOL equivalents.
DeFi Development Corp. plans to raise up to $20 million through a preferred stock offering. It carries an initial annual dividend rate of 13%. The Solana (SOL) treasury company intends to use part of the proceeds to buy more SOL. It resumed accumulation last week as market conditions turned more favorable. What the Preferred Stock
BeInCrypto•Kamina Bashir1 Sept
The Nasdaq-listed company intends to use the proceeds to acquire more Solana and crypto-related investments.
The Block•Timmy Shen1 Sept
DFDV's return has been more than twice that of SOL in the month of August, while quarter-to-date, shares have outperformed SOL by 1.8x.
The Block•Jason Shubnell27 Aug
DFDV's Solana focus may boost its market influence but risks financial instability if SOL's value fluctuates, impacting long-term goals.
CryptoBriefing•Editorial Team27 AugNasdaq-listed SOL treasury company DeFi Development Corp launched a free network dashboard on Wednesday. Its pitch: judge Solana on more than just price.
The launch of the State of Solana dashboard could enhance investor confidence by providing transparency, but it also risks amplifying negative trends.
CryptoBriefing•Estefano Gomez26 Aug
DeFi Development Corp. has launched State of Solana, a public real-time research platform that tracks Solana market, network, staking, validator, yield and ecosystem data through a single dashboard. According to a Wednesday press release from the Nasdaq-listed company, State of…
The launch of the State of Solana dashboard by DeFi Development Corp. could enhance transparency and attract traditional finance interest in Solana.
CryptoBriefing•Editorial Team26 Aug
The split clarifies DFDV's focus on Solana, potentially boosting investor confidence and paving the way for future strategic partnerships.
CryptoBriefing•Editorial Team29 Jun
