Morgan Stanley again adjusts its Fed forecast, now sees 4 cuts in 2026
BOCA RATON, FL - DeFi Development Corporation (NASDAQ:JNVR), a company specializing in connecting the commercial real estate industry through its AI-powered platform, has increased its investment in the cryptocurrency space by acquiring an additional 65,305 Solana (SOL) tokens. This purchase brings the company’s total SOL holdings to approximately 317,273 tokens, with a current valuation of around $48.2 million, including staking rewards. The company’s stock, currently trading at $56.60, has shown remarkable momentum with a 1,002% return over the past six months, according to InvestingPro data.
The recent acquisition includes locked SOL tokens, which are typically restricted due to vesting schedules or other contractual conditions, but are still tradeable over-the-counter (OTC) through services like BitGo’s OTC desk. DeFi Development Corporation has emphasized that these tokens, despite their locked status, will be staked to generate yield and are part of a long-term treasury strategy aligned with the Solana ecosystem. The company maintains a strong financial position with a current ratio of 5.52 and minimal debt, as revealed by InvestingPro analysis.
Joseph Onorati, CEO of DeFi Development Corporation, stated, "This is a clear example of the strategic execution we’ve built our treasury strategy around. By gaining access to locked discounted inventory through a trusted partner like BitGo, we’re able to accumulate some of our SOL below market prices while deepening our alignment with the Solana ecosystem."
The company’s strategic focus on Solana (SOL) as a principal holding in its treasury reserve is aimed at providing investors with economic exposure to the Solana ecosystem. The current SOL per share (SPS) stands at 0.22, valued at $32.88 per share, marking a 40% growth in SPS since the last purchase.
DeFi Development Corporation serves over a million web users annually, including property owners, developers, and various financial institutions. The company’s offerings, primarily based on a subscription model, include data and software services that facilitate debt financing and other real estate transactions.
The information disclosed in this article is based on a press release statement. Further details will be available in the company’s upcoming regulatory filings.
In other recent news, Janover Inc. has made significant strides in expanding its cryptocurrency portfolio, specifically focusing on Solana (SOL) tokens. The company recently acquired 80,567 SOL tokens valued at approximately $10.5 million, increasing its total holdings to 163,651.7 tokens, valued at around $21.2 million. This acquisition is part of Janover’s broader strategy to integrate digital assets into its treasury, following a $42 million financing round. Additionally, Janover announced a strategic partnership with BitGo to facilitate the acquisition of locked SOL tokens, which can be staked for yield, and another collaboration with Kraken to enhance its involvement in the Solana network.
DeFi Development Corporation has also been active in the Solana ecosystem, purchasing an additional 88,164 SOL tokens worth about $11.5 million. This acquisition increases their total SOL holdings to 251,842 tokens. The company’s strategy includes operating Solana validators to stake its assets and reinvest the staking rewards. Both companies have adopted treasury policies focused on Solana to provide investors with economic exposure to the cryptocurrency.
These developments highlight Janover and DeFi Development Corporation’s commitment to leveraging favorable market conditions to expand their digital asset portfolios. Investors will be watching closely as both companies continue to implement their strategies and disclose further details in upcoming regulatory filings.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.