DeFi Development Corporation Expands With $11.5 Million in Solana Tokens
In a strategic move, the firm formerly known as Janover, now operating as DeFi Development Corporation (Nasdaq: JNVR), announced the acquisition of 88,164 Solana (SOL) tokens. This purchase is valued at approximately $11.5 million, bringing the total holdings for the company to 251,842 SOL worth around $34.4 million, including staking rewards. The firm’s aggressive expansion signifies growing confidence in Solana and the decentralized finance landscape. As the DeFi sector continues to evolve, such acquisitions underscore the importance of tokens like SOL in a competitive market.