Publicly Traded Company Janover Boosts Solana Treasury Stash to $21 Million
Janover, a real estate financing platform, has acquired an additional $10.5 million in Solana, bringing its total holdings to approximately $21.2 million. This acquisition follows the company's strategy approved on April 4 to accumulate digital assets, starting with Solana. As of now, each Solana token is valued around $128. Janover plans to stake its new Solana tokens to secure the network and earn rewards. CEO Joseph Onorati noted that this initiative marks a tipping point in decentralized finance (DeFi) adoption within U.S. public markets. Additionally, the company aims to operate its own Solana validators in the future to enhance its staking capabilities. Janover's move is part of a broader trend where public companies are diversifying their treasuries with cryptocurrencies, similar to firms like Strategy, which has amassed significant Bitcoin holdings since 2020. Following the latest acquisition, Janover's stock experienced a notable increase, reflecting growing investor interest in its digital asset strategy.
Source đ