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DeFi Development closes Strategy-style $11 million CHAD offering to grow Solana treasury

The Block
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DeFi Development closes Strategy-style $11 million CHAD offering to grow Solana treasury

DeFi Development Corp's CHAD is a Variable Rate Series C perpetual preferred stock, with an initial annual dividend rate of 13%.

Key Takeaways

  1. DeFi Development Corp's CHAD is a Variable Rate Series C perpetual preferred stock, with an initial annual dividend rate of 13%.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
Read Full Article on The Block

Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.