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DeFi Development to raise $100 million through convertible bonds to increase stake in Solana and repurchase shares

2025-07-02 00:11

Odaily News Solana reserve management agency DeFi Development Corporation plans to issue a convertible bond due in 2030 to raise $100 million. The funds raised will be mainly used to increase holdings of Solana (SOL) and repurchase company shares. (Cointelegraph)

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