CoinScoopDeFi Development Corp Raises $11 Million via CHAD Offering to Expand Solana Treasury
DeFi Development Corp has closed an $11 million offering for its CHAD token, structured as a Variable Rate Series C perpetual preferred stock. The offering features an initial annual dividend rate of 13% and aims to bolster the company's Solana treasury.
Summaries are written by AI from the original article. Not investment advice.