
Bitcoin.com News|Apr 08, 2025 11:32
Janover, Inc. (NASDAQ: JNVR) has successfully raised approximately 42 million through a private offering of convertible notes and warrants. Notable investors include Pantera Capital, Kraken, and Arrington Capital. 🇺🇸
The convertible notes accrue interest at a rate of 2.5% per year and mature on April 6, 2030. They are convertible into the company's common stock, contingent upon the company's market capitalization reaching 100 million.
The proceeds from this offering will enhance Janover's strategy for acquiring digital assets, particularly within the Solana ecosystem. This is part of a new treasury policy that allocates a significant portion of its reserves to crypto assets.
Janover aims to provide investors with economic exposure to the Solana ecosystem through this initiative. What do you think about Janover's focus on Solana and digital assets?
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