Perhaps aimed at reproducing the Bitcoin manual (BTC) of the strategy, except with Solana (Sol), the Fintech Janover (JNVR) commercial real estate platform built a stack of soil worth around $ 21 million and saw the course of its action increase almost 20 times in less than a month.
Today, the company bought 80,567 soil chips worth around $ 10.5 million, bringing its total assets to 163,651.
Janover is positioning himself as the first American company listed on the stock market with a solana -centered treasury strategy. The pivot came after a team of former Crypto Exchange Kraken leaders, led by Joseph Onorati and Parker White, bought the majority property of the company earlier this month.
The Council appointed Onorati, former director of strategy of Kraken, to the president and chief executive officer of Janover. White, former Kraken engineering director, is director of investments and chief operations. Marco Santori, former legal director of Kraken, also joined the board of directors of Janover.
The company raised $ 42 million via convertible tickets and mandates for its Solana acquisition plans, and said it also aimed to operate one or more validators to participate in the Solana assistance network.
Since his crypto pivot, Janover’s actions have become good: equity prices have jumped more than 1,700% after the announcement in early April, when he exchanged from $ 4 to $ 5 per share. It increased by 12% to $ 73.74 Tuesday after the last soil acquisition.
“After having built in the cryptography industry for more than a decade, we are at a tilting point in mass adoption.” We have brought together an exceptional team with deep digital assets and public market expertise to get there. “
Despite the crypto pivot, Janover does not give up its real estate roots. The commercial real estate platform fed by the artificial intelligence of the company will continue its operations, led by the founder Blake Janover and the director Bruce Rosenbloom.