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    Home»Altcoins»DeFi Growth to refile $1B Solana plan after SEC submitting snag
    DeFi Growth to refile B Solana plan after SEC submitting snag
    Altcoins

    DeFi Growth to refile $1B Solana plan after SEC submitting snag

    By Crypto EditorJune 12, 2025No Comments3 Mins Read
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    DeFi Growth Corp has run right into a minor setback on its quest to lift $1 billion to purchase extra Solana after the US Securities and Change Fee knocked again its S-3 submitting. 

    The Nasdaq-listed agency stated in an announcement to the SEC on Wednesday that it seeks to withdraw its earlier registration assertion as a result of the fee discovered it wasn’t eligible to submit a Type S-3 after failing to incorporate a administration report on inside management over monetary reporting earlier than the due date.

    A rising variety of corporations have been buying crypto for stability sheets, particularly Bitcoin (BTC), with company Bitcoin treasuries collectively holding over three million Bitcoin, value over $342 billion, in accordance with Bitbo information.

    Solana buy plan not lifeless

    DeFi Growth Corp stated the withdrawal of the registration assertion is per the “public curiosity and the safety of traders.” 

    Regardless of the minor setback, DeFi Growth Corp stated it might file a resale registration assertion sooner or later to lift the capital.