According to last -minute development, Defi Development Corp applied a shelf recording of $ 1 billion. It has been reported that the company could use some of the income to be obtained to buy more solenda (left).
This name came after the company’s left to the treasury two days ago. Thus, its total left presence reached 317,273 token and increased to approximately $ 48 million.
The shelf registration system, which has been implemented since the early 1980s in the USA, ensures that the securities planned to be exported in a 2 -year period will be recorded by the authorized capital market authority in advance and ready for sale. The system is based on the assumption that the securities to be sold are “waiting on the shelf” and that they are “downloaded from the shelf” in case of need.
This method, which is open to exporters who meet certain conditions of conformity, aims to accelerate the export process, to provide flexibility in terms of timing and pricing, and to promote larger volume exports.
*It is not an investment advice.
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Source: https://www.bitcoinsistemi.com/son-dakika-bir-sirket-surpriz-altcoinden-1-milyar-dolarlik-satin-alabilecegini-duyurdu/
