Solana Treasury Company Defi Development Corp Wants to Raise Up to $1 Billion
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Bitcoin.com
Solana Treasury Company Defi Development Corp Wants to Raise Up to $1 Billion
DeFi Development Corp. (formerly Janover Inc.), a publicly traded firm focused on optimizing its treasury strategy within the solana ecosystem, has filed a registration statement with the Securities and Exchange Commission (SEC) to raise up to $1 billion through various securities offerings
. The filing, dated April 25, 2025, includes common stock, preferred stock, debt securities, warrants, units, and rights to purchase these securities. This move follows the company’s recent appointment of Fei “John” Han as Chief Financial Officer and Dan Kang as Head of Investor Relations, aimed at strengthening its financial leadership.
Additionally, DeFi Development Corp. recently increased its holdings of solana ( SOL) tokens to approximately 317,273, valued at around $48.2 million, further demonstrating its commitment to the cryptocurrency space. The new capital raised will support the company’s growth initiatives and enhance its position in the solana ecosystem.
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