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Public Firm Janover Pivots Strategy, Plans to Hold Solana on Balance Sheet

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Janover JNVR Files Name Change Adopts Solana SOL Reserves
  • Janover rebrands to DeFi Development Corp, adopts Solana as main treasury asset.  
  • New CFO appointed as part of leadership restructuring amid treasury strategy shift.  
  • Company warns of SOL-related risks in SEC filing, citing market and regulatory factors.

Janover Inc. (Nasdaq: JNVR) has formally asked the SEC to approve changing its name to DeFi Development Corporation. The filing details a significant strategic pivot aimed at repositioning the company with digital asset trends.

Central to this shift is a newly adopted treasury policy that places Solana (SOL) at the core of its reserve holdings. According to the document, the company intends to provide its shareholders with structured exposure to the Solana ecosystem through its balance sheet.

DeFi Development Corporation will allocate its treasury reserves pri…

The post Public Firm Janover Pivots Strategy, Plans to Hold Solana on Balance Sheet appeared first on Coin Edition.

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