DeFi Development Raises $112.5 Million to Purchase SOL

2025-07-02 22:24:34 10 hours ago CoinRank

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CoinRank News: Solana Treasury company DeFi Development announced that it has raised a total of $112.5 million through the issuance of convertible notes (valued at approximately $132.2 million if the initial purchasers exercise all options). The transaction is expected to be completed on July 7, and the funds will be used to purchase its first batch of SOL tokens. (The Block)

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