DeFi Development Corp seeks $1B to expand Solana investments
#DeFi Development Corp, formerly known as #Janover , has filed with the U.S. Securities and Exchange Commission #SEC to raise over $1 billion for investments in Solana $SOL and to expand its treasury. The Nasdaq-listed company, previously focused on real estate financing, recently shifted its strategy under new leadership linked to former #Kraken executives. The firm plans to accumulate Solana tokens and operate #Solana validators, but noted that regulatory uncertainties around digital assets could impact its plans.