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Janover, a US listed company, increases its stake in Solana and reaches a staking cooperation with Kraken

2025-04-16 10:48

Odaily News Janover, a US-listed company, has purchased another 80,567 SOL (about $10.5 million), bringing its total holdings to 163,651.7 SOL (about $21.2 million). The company, which is controlled by the former Kraken executive team, officially announced a strategic partnership with Kraken, under which Kraken will entrust part of the Solana staking rights to the validator nodes operated by Janover. Janover plans to change its name to DeFi Development Corporation and will immediately begin staking the newly purchased SOL to generate income. Janover's stock price has risen 1,732% since the implementation of the Solana acquisition strategy. (The Block)