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DeFi Development Corp Completes $11 Million CHAD Preferred Stock Offering, with Fundstrat's Tom Lee Participating

2026-09-08 18:21

Odaily News: DeFi Development Corp announced the completion of an $11 million CHAD preferred stock offering, with Fundstrat's Tom Lee participating in the subscription. The company stated that this offering marks the first digital credit instrument backed by Solana. CEO Joseph Onorati noted that Bitcoin has demonstrated a massive market demand for digital credit.