DeFi Development seeks $1B to boost Solana investments, expand treasury

Defi Development Corp (previously Janover) aims to raise more than a billion dollars of capital for investment in Solana, the sixth largest encrypted currency in the industry.

The company listed on the Nasdaq Stock Exchange, formerly a real estate financing platform linking commercial real estate lenders and buyers, Declare Its plans were presented in a S-3 registration statement with the US Securities and Stock Exchange Committee (SEC) on April 25.

The deposit file states that funds will be used for public companies, including Solana (Sol).

According to the deposit, the company may use returns from the purchase of more Solana, with reference to:

“Solana does not pay a benefit, but Stokeing bonuses can be obtained on Solana. The ability to generate a return on investment depends on net returns from this offer on whether there is an estimate of the value of Solana after our purchases from Solana with net revenue from this offer.”

The company also warned that the fluctuations in the Solana price can lead to the transformation of symbols into a cash value “much less than the revenues that have been raised.

Related to: Deloitte expects 4 meters nominal real estate on Blockchain by 2035

Janover was a real estate financing company linking lenders and commercial real estate buyers before a team of former executives at Kaken Exchange 728,632 shares of its shared shares on April 7. Joseph Onurati, the former chief strategic official in Kraken, was appointed as president and executive president.

This advertisement comes shortly after the leadership of Defi Development Corp is adopted by Solana Treasury Reserve, “By applying the Treasury Ministry model in the public market installed early in its life cycle, a structural reflection, and has not been largely compensated compared to Bitcoins.”

The company’s new investment treasury has conducted comparisons with Michael Sailor’s strategy, which collected more than 538200 Bitcoin (BTC) as of April 20 – the largest bitcoin holder in the world.

The company’s board of directors approved the policy of the Treasury, which focuses on Solana on April 4, which authorized the long -term accumulation and the launch of Solana’s health to enable its treasury assets.

Parker White, the company’s chief investment official, who previously worked as an engineering manager at Kaken Exchange, already runs a Solana for $ 75 million in a delegated share.

Related to: American banks “free to start supporting bitcoin” – Michael Sailor

The organizational concerns of Solana’s investment are still

While the implementation of the Ministry of Treasury, which focuses on Solana, determines an important step for ALTCOIN accreditation, the company remains interested in the possible effects of the dark encryption regulations, according to the deposit:

“We may undergo regulatory developments related to encryption assets and encryption assets markets, which can negatively affect our business, financial condition and operations results.”

The company cites unclear regulations about digital assets, which “may negatively affect the price of Solana”, and thus affect the “market price for our joint stock.”

The company noted that Solana’s possible “reclaim” as safety is still a special concern, which may lead to the company’s classification as an investment company under the 1940 Investment Company Law.

However, the company’s share price benefits from Solana acquisitions. Her shares increased by more than 12 % when she added $ 11.5 million from Solana Tokens to her wardrobe on April 22.

“The decision of the Janover commercial platform to add Sol to her wardrobe is really pioneering,” Chris Chong, the founder of the Solana Plastic platform, told Cointelegraph. “I am sure that we will see that many other companies follow their example before the encryption is increasingly adopted by traditional financing.”

https://www.youtube.com/watch?

magazine: Ripple says “End”, Trump in DAS, and more: Hodler’s Digest, from 16 to 22 March