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The Block (@TheBlockCo): THE BLOCK: DeFi Development Corp. has closed its $11 million CHAD preferred-stock offering, launching what it calls the first SOL-backed "Digital Cred…

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THE BLOCK: DeFi Development Corp. has closed its $11 million CHAD preferred-stock offering, launching what it calls the first SOL-backed "Digital Credit" instrument. The offering included participation from Fundstrat’s Tom Lee. $DFDV CHAD carries a 13% initial annual dividend https://t.co/oz2m8FwtKW

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