US-listed SOL treasury firm DFDV raises $125 million to increase its holdings in SOL

On August 25th, it was announced that the US stock SOL Treasury company DeFi Development Corp (DFDV) has signed a final agreement to raise $125 million in equity financing at a price of $12.50 per share. The consideration for this issuance will be in the form of a combination of cash and locked SOL, further strengthening DFDV's strategy to maximize the growth of Solana per share holdings (SPS). The net proceeds from the fundraising will be used to increase the holding of spot SOL and discounted locked SOL, thereby expanding the size of the treasury assets.