Solana Treasury Management Company DeFi Development Corp (DFDV) has announced the completion of a $112.5 million private equity financing transaction, which will be used to purchase SOL tokens and other corporate purposes. About 75.6 million US dollars will be used for "prepaid forward" stock trading arrangements to support investors in hedging convertible bond risks. The annual interest rate of the convertible bonds issued this time is 5.5%, due in 2030, and includes a 10% conversion premium. DDC was previously acquired by a former Kraken executive and now holds over 620000 SOLs, with involvement in node verification and staking businesses. （The Block） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=44933