DeFi Development Corp. Announces CHAD Preferred Stock Now Tokenized in Partnership with xStocks - Quantisnow

DeFi Development Corp. has launched CHADx, a tokenized version of its CHAD preferred stock, through partnership with xStocks. The digital asset is now live on Solana and nine additional blockchains, offering investors a new way to gain exposure to the security outside traditional brokerage accounts.

The CHAD preferred stock maintains its 14.00% annual dividend rate, equivalent to $1.40 per share based on the $10.00 stated amount per share. This dividend rate became effective on November 2, 2026, and is paid each business day when declared by the company.

Tokenization Details

CHADx tracks the value of CHAD preferred stock on a 1:1 basis, with daily dividends automatically reflected as an increase in token holders' balances. However, the tokenized version does not confer ownership of the underlying shares or associated shareholder rights.

CHADx is a tokenized representation of CHAD and does not confer ownership of the underlying shares or shareholder rights.

The tokenization is executed by xStocks rather than DeFi Development Corp. itself, with availability varying across different platforms and jurisdictions. This arrangement allows eligible investors to trade exposure onchain, including outside regular market hours.

Investment Considerations

The company emphasizes that the 14.00% dividend rate is not guaranteed and may be adjusted over time. Since its September debut on the Nasdaq, CHAD has traded consistently at its $10.00 stated amount, according to the release.

Historical data shows that following previous DFDV headlines, the stock closed higher 13 times and lower 16 times across 29 sessions, with a median move of 4.2% in either direction. This pattern highlights the stock's volatility but doesn't establish causation with specific announcements.