
PANews|Apr 07, 2025 12:03
Janover has raised $42 million through the issuance of convertible notes and warrants, which will be used to increase its holdings in SOL
Janover, a US listed company, announced on Monday that it has raised $42 million by issuing convertible notes and warrants to multiple investors including Pantera Capital, Kraken, Arrington Capital, etc. These funds will be used to purchase SOL as financial reserves.
The newly appointed chairman and CEO of the company, Joseph Onorati, revealed that his team plans to "immediately" begin increasing its holdings in SOL. Janover also plans to acquire validators (i.e. computers that help run Solana networks and verify transactions), who can be used not only to acquire SOL tokens but also to "stake" them, earning rewards by locking SOL tokens onto the network.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink