Saturn Announces Using Proprietary Funds to Participate in Strive SATS Preferred Stock IPO
Source：
x.com
DeFi digital credit protocol Saturn co-founder Ellis Osborn tweeted that Saturn has utilized its own treasury funds to participate in the initial public offering (IPO) of SATS under Strive. SATS is a cumulative fixed-rate perpetual preferred share, junior to SATA and senior to ASST in repayment priority, with a 15% annualized dividend yield distributed on each business day. Saturn stated that this instrument represents a major advancement in the digital credit sector, and the team is exploring offering such products to its global investor base.
