DeFi Development Corp (formerly Janover) has raised its total holdings of Solana (SOL) to 317,273 tokens, worth approximately $48 million, after a $9.9 million purchase through BitGo's over-the-counter desk. This acquisition included locked SOL tokens, which are available at prices below market rates due to their association with vesting or bankruptcy processes. CEO Joseph Onorati emphasized that gaining access to this discounted inventory allows the firm to align more closely with the Solana ecosystem. The company's pivot from real estate data to the crypto domain aims to offer investors direct exposure to SOL. With this latest addition, each of the firm’s 1.5 million outstanding shares now represents 0.22 SOL, marking a 40% increase from earlier figures. The trend of corporations acquiring SOL for Traditional Finance (TradFi) investors is gaining momentum, as seen in other recent initiatives like that of SOL Strategies, which has announced a $500 million convertible note facility to boost its investment in the Solana network.

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