Janover Buys $10.5M in Solana, Pushes DeFi Strategy — Stock Up 127% This Week
Real estate fintech platform Janover Inc. is making waves in the digital asset space after significantly expanding its crypto holdings — and the market is responding in kind.
Strategic Solana Acquisition
Janover has acquired 16,3651.7 SOL, worth approximately $10.5 million, as part of a broader strategy to deepen its position in decentralized finance (DeFi). The newly acquired Solana tokens will be staked immediately to generate passive rewards and support the network.
CEO Joseph Onorati wrote in a company blog post,
“We are at an inflection point for mainstream DeFi adoption.”
Validator Operations and Revenue Model
In a forward-looking move, Janover plans to launch its own Solana validator, reinforcing its commitment to long-term staking operations. The rewards generated from staking will be reinvested to further fuel the company’s financial services and expansion plans.
This places Janover among a growing list of public companies integrating crypto assets into their balance sheets, including Marathon Digital Holdings, Coinbase, Block, and Tesla.
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