DeFi Firm Secures $5 Billion Credit Line from RK Capital for Solana Acquisition

DeFi Development Corp. has secured a $5 billion credit line with RK Capital Management to finance the acquisition of Solana (SOL) tokens, marking a significant step in solidifying its market position. This strategic move demonstrates strong confidence in Solana and the wider Layer 1 ecosystem. By utilizing equity financing, DeFi Development is positioned for greater flexibility in capital allocation and market opportunities while minimizing volatility risks.