Crypto

DeFi Development Targets Up to $20 Million Funding Round with Perpetual Preferred Stock IPO

Guavy AI Editorial Team Published September 1, 2026

DeFi Development Corp., a company behind various financial projects, announced plans to raise up to $20 million through an IPO of Series C perpetual preferred stock. The news was published via GlobeNewswire on August 31, 2026.

The IPO targets the sale of perpetual preferred stock, with no specific details provided on the number of shares or their price. This is not a traditional initial public offering (IPO), but rather a specific type of stock issuance that offers investors a fixed dividend rate and potential for appreciation in value over time.

DeFi Development Corp. published the original content via GlobeNewswire, stating that this AI-generated content is for informational purposes only and should not be interpreted as financial or investment advice.

DeFi Development Targets Up to $20 Million Funding Round with Perpetual Preferred Stock IPO

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