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DeFi Development completed $112.5 million financing for the purchase of SOL Token.
Gate News bot message, Solana Treasury Company DeFi Development announced a significant financing plan, raising $112.5 million through the issuance of convertible notes. If all initial purchasers exercise their options, the total amount raised will reach $132.2 million. The transaction is scheduled for delivery on July 7, and all raised funds will be used to purchase the first batch of SOL Tokens.