paraficapital

Sol Strategies raises CAD $27.5M via debt financing from ParaFi Capital

#SolStrategies secures CAD $27.5M by selling a convertible debt instrument to expand its footprint in the #Solana ecosystem. The entire amount has been committed by #ParaFiCapital . The funds will be used to grow the Company’s SOL treasury, expand revenue-generating validator operations, and for general working capital purposes.

The financing will involve the issuance of unsecured convertible debenture units (CD Units) for gross proceeds of CAD $27.5M. Each CD Unit includes a debenture with a principal amount of CAD $1,000 and 400 warrants. The Debentures carry an annual interest rate of 2.5%, payable semi-annually in cash or in common shares of the Company. They can be converted at any time into Shares at a conversion price of CAD $2.50 per Share. Each warrant grants the holder the right to purchase one Share at an exercise price of CAD $2.50, exercisable at any time up to five years after the Private Placement’s closing.

👉 newsfilecorp.com/release/236566

Jupiter has unveiled a $35M strategic investment into $JUP from ParaFi Capital

#Jupiter has secured a $35M strategic investment into $JUP from #ParaFiCapital to accelerate the development of onchain financial infrastructure. The deal, settled entirely in $JupUSD, was executed at spot price, with ParaFi Capital agreeing to an extended token lockup.

Jupiter is a decentralized exchange aggregator and trading platform on the #Solana blockchain.

👉 x.com/JupiterExchange/status/2018191577143747014

#PARAFICAPITAL INVESTMENTS BY WEEKLY VOLUME

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