First Solana Layer-2 Close to $50M as Company Plans $5B $SOL Investment

Solaxy Nears $50M in Presale as Whales Bought $90.2K: Best New Crypto of 2025 – MAXBIT

Solaxy ($SOLX), Solana’s upcoming Layer 2, is very near the $50M mark with less than two days left until its official launch. Based on sheer numbers, Solaxy ($SOLX) might just be the best presale of 2025, with over $49.6M raised since it started and 13.8B tokens in the staking pool, which is 10% of the...

Defi Development Corp. Lands $5B Equity Deal, Eyes Bigger Solana Bet

DeFi Development Corp. (DFDV), a company listed on Nasdaq, has struck a $5 billion equity line of credit (ELOC) deal with RK Capital Management. The acquisition gives the business flexible access to financing so it can build its SOL treasury and validator activities as part of its Solana (SOL)-based strategy. This capital-on-demand strategy lets DeFi Development sell common shares in small amounts over time, unlike traditional equity raising, wh…

DeFi Development Corp. Raises $5B to Buy More Solana: Details - Blockonomi

TLDR: DeFi Development Corp. inks $5B equity line to scale Solana holdings and expand its SPS-focused treasury. New capital strategy avoids dilution while enhancing validator yield and shareholder value. Solana price drops 7%, yet trading volume surges 64% amid large institutional accumulation. SPS model ties public equity performance directly to Solana treasury growth and staking rewards. DeFi Development Corp. has lately announced a $5 billio…

DeFi Development Enters $5 Bln Equity Line Of Credit With RK Capital Management

(RTTNews) – DeFi Development Corp. (DFDV) Thursday said it has entered into a share purchase agreement (ELOC) with RK Capital Management LLC. Under the agreement, the company will have the right to issue and sell up to $5 billion of its shares to RK Capital. DeFi plans to use the proceeds to accumulate Solana and accelerate growth in SOL per share. “Unlike other equity offerings, an ELOC enables DeFi Development Corp. to raise capital gradually,…

First Solana Layer-2 Close to $50M as Company Plans $5B $SOL Investment

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a move that’s shaking the market, publicly traded DeFi Development Corp. (DFDV) announced a staggering $5B equity line of credit with RK Capital. The firm has made its intentions clear. The entire $5B line will be used to acquire Solana ($SOL),... The post First Solana Layer-2 Close to $50M as Company Plans $5B $SOL Investment appeared first on…