Nasdaq-Listed Janover Buys More Solana, Changes Name to DeFi Development Corp.
Janover has rebranded as DeFi Development Corporation, signaling a shift towards cryptocurrency. The company will trade under the ticker DFDV on Nasdaq. Recently, it purchased an additional 88,164 SOL, increasing its total holdings to 251,842 SOL, valued over $37 million. CEO Joseph Onorati emphasized the commitment to transparent, crypto-native capital allocation. A new website was launched to provide insights into treasury actions and holdings. The firm previously announced a majority stake acquisition by former Kraken employees and a policy prioritizing digital assets in its treasury. It raised $42 million through convertible notes to strengthen its treasury. Shares rose 14% and 824% year-to-date, trading at $44.86. Solana increased by 8% to $147 but remains 50% below its January peak.
