Janover has raised $42 million through the issuance of convertible notes and warrants, which will be used to increase its stake in SOL

PANews reported on April 7 that according to CNBC, Janover, a US listed company, said on Monday that it had raised $42 million by issuing convertible notes and warrants to multiple investors including Pantera Capital, Kraken, Arrington Capital, etc. These funds will be used to purchase SOL as financial reserves. Janover may be the first company in the United States to adopt an acquisition strategy for Solana. The company intends to change its name to DeFi Development Corporation and modify its stock code. The company's newly appointed chairman and CEO Joseph Onorati revealed that his team plans to start increasing its holdings of SOL "immediately". Janover also plans to acquire validators (computers that help run the Solana network and verify transactions), which can be used not only to acquire SOL tokens, but also to "stake" them, that is, to earn rewards by locking SOL tokens on the network.

Earlier in December last year, it was reported that Janover, a US listed company, would begin accepting Bitcoin as a payment method for its products and consider using it for financial reserves.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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