DeFi Dev Secures $5B Credit Line to Expand Solana Holdings

  • DeFi Development (DFDV), a Nasdaq-listed firm focused on a Solana-based treasury strategy, has secured a $5 billion equity line of credit from RK Capital Management to expand its SOL holdings. The agreement grants DFDV the option to sell shares at its discretion, contingent on regulatory filings with the U.S. Securities and Exchange Commission.