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https://www.gate.com/announcements/article/45974
DeFi Development Corp submitted a $1 billion financing application and increased its holdings in Solana.
According to Gate.io News bot, BWENEWS reported that DeFi Development Corp has submitted a $1 billion financing application to regulators. The company plans to use the raised funds to purchase Solana.
Two days ago, DeFi Development Corp increased its treasury by acquiring SOL tokens worth $9.9 million, bringing its total Solana holdings to 317,273 tokens, with a total value of approximately $48 million.