DeFi Development Corp. Secures New Loan Agreement with BitGo Hong Kong Limited for 75,000 Solana at 12.5% Annual Rate

Reuters
Yesterday
DeFi Development Corp. Secures New Loan Agreement with BitGo <a href="https://laohu8.com/S/HKRHF">Hong Kong</a> Limited for 75,000 Solana at 12.5% Annual Rate

DeFi Development Corp. has entered into a significant new financing arrangement with BitGo Hong Kong Limited, as confirmed on July 25, 2025. The master loan agreement establishes a framework allowing DeFi Development Corp. to borrow digital assets or cash from BitGo. Each loan will be documented with specific terms, including principal amount, fees, collateral requirements, and maturity dates. A recent loan request under this agreement involves borrowing 75,000 Solana at an annual interest rate of 12.5%, with a maturity set for November 25, 2025. The loan is secured by DeFi Development Corp.'s treasury assets at a collateral level of 250%, with a margin call level of 200%. This agreement includes standard covenants and default events typical for such financing, ensuring both parties' interests are safeguarded.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DeFi Development Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-070067), on July 31, 2025, and is solely responsible for the information contained therein.

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