<ul data-eligibleForWebStory="false"><li>A Nasdaq-listed DeFi firm plans to raise $100 million through the sale of convertible senior notes to build a Solana reserve and address corporate needs.</li><li>The offering will target qualified institutional investors under Rule 144A.</li><li>This move follows a previous $1 billion IPO filing cancellation earlier this year, with plans for Solana acquisitions among other uses of capital.</li><li>The firm's strategy indicates increasing confidence in Solana's long-term value, especially with its expanding DeFi and NFT ecosystems and potential ETF interest.</li></ul>

Nasdaq-Listed DeFi Firm Aims to Build $100M Solana Reserve

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