DeFi Development raises $112.5 million to purchase SOL

Odaily Planet Daily News: Solana Treasury's DeFi Development announced a total fundraising of $112.5 million through the issuance of convertible notes (valued at approximately $132.2 million if the initial buyers exercise all options). The transaction is expected to be completed on July 7th, and the funds will be used to purchase its first batch of SOL tokens. （The Block）