DeFi Dev Corp. Nears 1 Million SOL with Public Market Backing

DeFi Dev Corp. nears 1 million SOL with public market backing

With 999,999 SOL now locked in its treasury, DeFi Dev Corp. is quietly becoming one of Solana’s largest institutional holders. The company is staking, validating, and compounding its way into the network’s core infrastructure. On Monday, July 21, DeFi Dev…

DLA Piper advises initial purchasers in upsized US$122.5 million convertible notes offering for DeFi Development Corp.

DLA Piper advised the initial purchasers, led by Cantor Fitzgerald & Co. as sole book-running manager, in an offering of US$122.5 million aggregate principal amount of 5.5% convertible senior notes due 2030 for DeFi Development Corp. The core deal team was co-led by Partners Stephen Alicanti (New York) and Anna Spence (Raleigh), and included Associates Gina Lee (Raleigh), Jenna Fontenot (Miami), and Tarquin McGurrin (Short Hills). Partner Marc H…