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DeFi Development to Raise $100 Million Through Convertible Bonds for Solana Holdings and Share Buyback

Summary: According to reports, Solana reserve management institution DeFi Development Corporation plans to issue $100 million worth of convertible bonds due in 2030. The funds raised will be primarily used to increase holdings in Solana (SOL) and buy back company shares.

According to reports, Solana reserve management institution DeFi Development Corporation plans to issue $100 million worth of convertible bonds due in 2030. The funds raised will be primarily used to increase holdings in Solana (SOL) and buy back company shares.

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Link: DeFi Development to Raise $100 Million Through Convertible Bonds for Solana Holdings and Share Buyback [Copy]

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