Defi Development Corp., formerly known as Janover, announced that it has been continuing its strategy to increase the purchase of solana for the business treasury in order to strengthen financing resources. The company has announced the preparation of an offer that will offer an investment of up to approximately $ 1 billion through securities.
Corporate Solana request
Former service area Commercial Real Estate Credit Technologies, the company, the US Securities and Stock Exchange Commission in the file presented, the funds to be obtained for general institutional purposes will be used, he said.
Defi Development: Funds will be used for institutional purposes, including solana purchase.
In this context, proposals include stocks, preferential stocks, borrowing tools and unified investments.
Strategy’s Solana Version
The company said that it had previously provided to the fading of approximately $ 48.2 million and aims to win a prize with a confirmatory status in the Solana network. This strategy is inspired by Michael Saylor’s Bitcoin investment model, and comes to the forefront in terms of strengthening companies’ balance sheet.
Under the leadership of Leah Wald, CEO of the Sol Strategies, the investment mobility in the market has increased, the company announced that a conversionable debt allocation reached approximately 500 million dollars to expand investment resources.
The important executive change in the previous week gave the company a new direction. Joseph Onorati, one of the former Kraken executives, took office as the CEO and Chairman of the Board of Directors; Parker White was appointed as responsible for operations and investments, while John Han was appointed as CFO position. Defi Development has adopted the Solana -oriented treasure structure within the scope of its new strategy.
In addition, the company presented a file to realize 1.24 million stock records in the representation of institutions such as Pantera Capital, Payward and Arrington Capital on behalf of early investors. This registration process aims to contribute to its financial structure while diversifying the firm’s investor portfolio.
After the changes in the management structure, Defi Development Corp. A significant increase was observed in his shares. Company shares increased by almost 970 %compared to previous periods, while the share price increased to $ 54.
In the light of the information provided, the company’s new financial strategies and changes in the management structure are considered as remarkable developments for investors. These prominent movements may indicate an important period in terms of realizing different institutional goals.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
