Janover, a Nasdaq-listed company, purchased 80,567 Solana (SOL) tokens for around 10.5 million USD. This increase raises their total SOL holdings to approximately 163,651 tokens. The acquisition was financed through a recent 42 million USD funding round.
Following leadership changes, Janover plans to stake its Solana assets for revenue generation and support network security. The company hopes to bridge traditional and decentralized finance and intends to rename itself as DeFi Development Corporation.
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