Solana’s Defi Development Corp Targets Massive $1B Fundraising Round

DeFi Development Corp. (formerly Janover Inc.) has filed with the SEC to raise up to $1 billion through a mix of securities offerings, including stocks, debt, and warrants.

The Solana-focused treasury company recently strengthened its leadership by appointing Fei “John” Han as CFO and Dan Kang as Head of Investor Relations. It also expanded its Solana (SOL) holdings to 317,273 tokens, worth about $48.2 million, underscoring its deepening commitment to the crypto space. The capital raised will fuel the company’s growth plans and bolster its position within the Solana ecosystem.

Clever Robot News Desk 28^th April 2025