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DeFi Development's CHAD preferred stock now trades on Robinhood with a 14% dividend rate.

Market News
22 Oct 2026
GlobeNewsWire
View Source
Bullish
DeFi Development's CHAD preferred stock now trades on Robinhood with a 14% dividend rate.

DeFi Development Corporation announced that its Variable Rate Series C Perpetual Preferred Stock (CHAD) is now available for trading on Robinhood, expanding access to retail investors. The stock offers a rising annual dividend rate, increasing from 13% to 14% effective November 2, 2026, with dividends paid daily on business days. CHAD is unique as a Solana-backed digital credit instrument designed to provide permanent capital for the company’s Solana accumulation strategy without issuing common shares. This move supports DeFi Development's goal to broaden investor access and liquidity while growing its treasury and Solana holdings.

DeFi Development Corp.'s CHAD stock is now on Robinhood. For readers following US stocks, here is Pluang's market snapshot as of Oct 22, 2026 18:51 WIB: out of 150 stocks, 42 rose and 107 fell. Intel Corp (INTC) traded at USD 88.90, down 4.37%, with 72% buy orders. Freeport-McMoRan (FCX) was USD 66.08, down 4.05%, with 92% buy orders. Advanced Micro Devices (AMD) stood at USD 530.69, down 3.99%, with 84% buy orders.

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