PANews reported on April 26 that according to The Block, DeFi Development Company (stock code: JNVR) has submitted a $1 billion shelf registration application to the US SEC. Shelf registration allows companies to register newly issued securities without selling the entire issuance at once. The document indicates that DeFi Development Company can issue common stocks, preferred stocks, warrants, debt securities, and other instruments. The specific timing of the shelf registration remains unclear. The proposal must be approved by the US SEC.
DDC is one of the many listed companies recently focusing on Solana. Like Sol Strategies, Upexi, and Galaxy Digital, the company is acquiring SOL, providing investors with another avenue to invest in this cryptocurrency.
