EconomySolana Treasury Giant DeFi Development Opens $300M CHAD Offering With Initial 13% Dividend

Solana treasury company DeFi Development Corp. opened an at-the-market program for up to 30 million CHAD preferred shares, representing up to $300 million in stated amount. CHAD’s initial dividend accrues at 13% annually, though proceeds depend on actual sales and market prices, and the rate can change. Part of the net proceeds may be used to buy SOL.

DeFi DevelopmentSolanaCHAD preferred sharescrypto financing

CCryptoSlate★★☆☆☆2026-09-16 16:35Original