Development Corp. (JNVR), formerly known as Janover, doubles his plan to buy more Solana for his treasure while he seeks to offer up to $ 1 billion in titles.
The company, formerly a real estate commercial technological platform, revealed in an American commission of Securities and Exchange (SEC) depositing this It plans to use funds for general purposes, including the acquisition of Solana. “The offer will include common and privileged actions, debt instruments, mandates and units.
Defi Development has already acquired about $ 48.2 million of soil and plans to exploit validators on the Solana blockchain to win stall awards.
By withdrawing a Bitcoin purchasing strategy game book by Michael Saylor, companies have increasingly bought soil for their balance sheets in order to provide Tradfi investors with an exhibition to the token.
Sol strategies, the listed company led by the CEO Leah Wald – Co -founder to train digital asset manager Valkyrie Investments – has led the movement. Recently, the company announcement that he had obtained a convertible ticket installation up to $ 500 million to increase his investments in the Solana network.
The new Development’s Development offer comes after a significant reshuffle of leadership earlier this month. Former Kraken Director Joseph Onorati took office as CEO and President, and Parker White, another former Kraken engineer, was appointed chief of the farm and investment director. The company also brought in John Han, a former executive Binance and Kraken, as a financial director. DEFI Développement adopted a Solana -centered cash strategy as part of its new management.
In addition to the registration of the $ 1 billion plateau, Defi Development was also filed to record 1.24 million shares on behalf of the first investors, including Pantera Capital, Payward (Kraken parent company) and Arrington Capital.
Development Corp Development Actions increased by more than 970% as a result of the reshuffle of leadership and increased by around 4% in trade after Friday’s opening hours to situate $ 54 per share.
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