With the aim of replicating perhaps the Bitcoin Play Book (BTC) of the Strategy, except with Solana (Sol), the Fintech Janover Commercial Real Estate Platform (JNVR) has built a Sun battery worth approximately $ 21 million and has seen an increase in the price of its shares almost 20 times in less than a month.
The company bought another 80,567 Tokens Sun valued at approximately $ 10.5 million, which brought its total holdings to 163,651.
Janover is positioning himself as the first American company that publicly quotes with a treasure strategy focused on the sun of Solana. The pivot occurred after a team of former Crypto Exchange Kraken executives, led by Joseph Onorati and Parker White, bought the majority property of the company earlier this month.
The Board appointed Onorati, former Kraken strategy director, the president and CEO of Janover. White, former Kraken engineering director, serves as an investment director and operations director. Marco Santori, former legal director of Kraken, also joined the Janover Board.
The firm raised $ 42 million through convertible notes and arrest orders for its Solana acquisition plans, and said it also aims to operate one or more validators to participate in the Solana participation test network.
Since its cryptographic pivot, Janover’s shares have gone crazy: shares prices increased more than 1,700% after the announcement in early April, when it quoted around $ 4- $ 5 per share. Tuesday increases another 12% to $ 73.74 after the last acquisition of sun.
“After building in the cryptographic industry for more than a decade, we are at a turning point in the adoption of massive defi. We are proud to be the first to present a strategy of Treasury of Digital Assets in the public markets of the United States. “We have gathered an exceptional team with deep digital assets and experience in the public market to make this.”
Despite the cryptographic pivot, Janover is not abandoning its real estate roots. The Firm’s Commercial Intelligence Real Estate Real Estate Platform will continue the operations, directed by Founder Blake Janover and Financial Director Bruce Rosenbloom.
