[Saturn Uses Proprietary Treasury Funds to Participate in Strive's SATS Preferred Stock IPO] Ellis Osborn, co-founder of the DeFi digital credit protocol Saturn, stated that Saturn has used proprietary treasury funds to participate in the IPO of Strive's SATS. SATS is a cumulative fixed-rate perpetual preferred stock with an annualized dividend yield of 15%, distributed on a daily basis during business days. Saturn emphasized that this participation does not affect USDat, sUSDat, or any existing Saturn products and holders.