CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Moralis Money
crypto.news 2025-04-15 20:01:00

Janover buys more SOL amid Saylor-inspired strategy

Janover, a publicly traded real estate firm owned by former Kraken executives, has doubled down on its Solana strategy with another huge buy. On April 15, the artificial intelligence powered real estate company announced it acquired 80,567 Solana ( SOL ), splashing $10.5 million to add to its holdings of the altcoin. Having adopted a Solana treasury strategy earlier this month, Janover has made three SOL purchases, with the latest haul bringing its total holdings of the altcoin to 163,651.7. The firm’s Solana holdings currently stand at $21.2 million, including staking rewards, it said. Janover’s board of directors approved the Solana treasury move on April 4, 2025—a pivot that authorized long-term accumulation of digital assets. The company chose to start with SOL, taking a leaf from the playbook that has seen Strategy, formerly MicroStrategy, become the world’s largest corporate holder of Bitcoin ( BTC ). You might also like: Strategy scoops up 3,459 more Bitcoin in $286m move While other companies such as Canada-based Sol Strategies have adopted a Solana treasury strategy, Janover is bidding to become the biggest corporate holder of the altcoin in the United States. In addition to regular stacking of SOL, the company is targeting the operation of one or more Solana validators amid the push to benefit further from staking. Former Kraken execs Joseph Onorati and Parker White are overseeing this traction, with Onorati the chairman and chief executive of Janover and White at the helm as the chief investment officer and chief operating officer. Previously, Onorati worked as Kraken’s chief strategy officer while White held the position of engineering director at the crypto exchange. Janover’s new management team raised $42 million via a convertible notes offering, with the raise announced on April 7, 2025. According to the update, the company plans to use the funds to enhance its digital asset treasury strategy. Major venture capital firms and crypto companies participated in the sale, including Pantera Capital, Kraken, Arrington Capital, The Norstar Group, and Third Party Ventures. Janover also said the initiative attracted 11 angel investors. You might also like: Kraken Veterans take over Janover with new focus on Solana holdings

https://www.digistore24.com/redir/325658/ceobig/
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta