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- Janover purchases 80,567 SOL tokens worth $10.5M to expand its Solana positions up to $21.2M.
- The firm established its goal to move toward position one as the leading U.S. Solana holder, along with validator operations for staking rewards.
- The newly obtained $42M will help Solana accelerate its acquisition strategies while strengthening its digital asset plans.
Janover, a real estate company helmed by former Kraken executives, has entered the crypto space. On April 15, 2025, the company revealed that it had purchased 80,567 SOL for $10.5 million to expand its holding. This acquisition is part of Janover’s long-term plan to accumulate a large amount of digital assets on Solana.
The new acquisition raises Janover’s Solana holding to 163,651.7 SOL, which amounts to $21.2M if staking rewards are taken into consideration. It is one of the biggest buys that the firm has made since it unveiled its Solana treasury investment strategy. On April 4, 2025, Janover received the approval of the company’s board to enable him to start acquiring digital assets for the long term.
Janover Solana Strategy
Thus, Janover aims to become one of the biggest shareholders of the company in Solana in the United States. The company also aims to compete with its counterparts in Canada, such as Sol Strategies. Besides acquiring SOL, Janover has also endeavored to become a Solana validator, which would enable it to earn more stake rewards and solidify itself in the Solana space.
The company decided to begin with SOL, the same way Strategy (formerly known as MicroStrategy) became the largest corporate holder of bitcoin. This strategy has worked for other digital asset firms, and to achieve the same, Janover has identified Solana to implement such a strategy.
Janover is manages by Joseph Onorati, the Chief Executive Officer and Chairman, and Parker White, the Chief Information Officer and Chief Operating Officer. Both executives have considerable experience in the cryptocurrency industry, having worked for Kraken. Onorati became the Chief Strategy Officer, whereas White worked as Engineering Director. They are at the core of Janover’s digital asset strategy.
Funding Digital Asset Growth
In addition to Solana stakes, the company secured $42 million through a convertible notes offering on April 7, 2025. Subsequently, it received funding from big angel investors such as Pantera Capital, Kraken, and Arrington Capital, among others. The fund will be applied to further develop Janover’s approach to digital assets and increase the rate of token purchases in Solana.
Janover is further establishing its presence in the digital asset industry through investments that recently reached $10.5M invested in Solana, making it hold $21.2M in digital assets. As a Solana holder, the company plans for Acquire to be a top holder in the United States and grow through its validator service. After receiving $42 million in funding, Janover plans to move forward on its digital asset expansion and boost Solana investments.
