
DeFi Dev Corp snags $11.5M in Solana, ditches Janover name
Date: 2025-04-22 17:01:44 | By Eleanor Finch
DeFi Development Corporation: A Bold New Chapter in Crypto!
Hang on to your hats, crypto fans! Janover Inc. is no more. Say hello to DeFi Development Corporation, a name that screams innovation and transparency in the wild world of crypto treasuries for public market investors. They're not just rebranding; they're revolutionizing!
And guess what? They've splashed out another $11.5 million on Solana (SOL), pushing their total SOL stash to a cool $34.4 million. Talk about going big or going home!
Get ready for the ticker symbol to switch to "DFDV" on the Nasdaq. Don't worry, shareholders, you've got nothing to do but sit back and enjoy the ride.
CEO Joseph Onorati is all fired up, saying, "This marks the beginning of a new chapter for the business. Our mission is to bring transparent, crypto-native capital allocation into the public markets — and this name change reflects that commitment." You can feel the energy!
The stock is loving it too, jumping 10% and now trading at $43.50 per share. The market's clearly buzzing about this move!
Real-time Solana Balances: Transparency at Its Finest
But wait, there's more! DeFi Development Corporation is rolling out a slick new website to keep everyone in the loop. They're all about transparency, giving us the lowdown on their treasury, real-time Solana balances, staking metrics, and SOL per share. It's like having a backstage pass to their crypto operations!
As of April 22, they're holding strong with 251,842 SOL, that's 0.17 SOL per share, valued at $23.47 each. That's a whopping 62% jump from the last check-in. These guys are on fire!
How did they fund this latest Solana spree? With a fresh $42 million raise, of course. And every bit of that new SOL? Staked and ready to earn native rewards while beefing up network security. Plus, they're not stopping there—they're planning to run Solana validators to dive deeper into the ecosystem. It's full steam ahead!
Sure, their real estate SaaS platform is still kicking, but this strategic pivot? It's turning DeFi Development Corporation into a public crypto treasury powerhouse, giving both institutional and retail investors a front-row seat to the Solana show. Buckle up, folks, because this is just the beginning!

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