DeFi Development Corp Raises $24 Million for Solana Investments

DeFi Development Corp, a company formerly known as Janover, has secured a substantial $24 million investment to bolster its Solana holdings. This funding was fueled by leading crypto investors such as Galaxy Digital and Arrington Capital, and was achieved through the sale of 310,000 common shares and issuance of 215,000 pre-financing warrants at a price of $46 per warrant. The investment will fuel DeFi Development Corp’s growth as it seeks to expand its Solana portfolio and utilize strategic partnerships like the collaboration with Kraken for maximizing returns on investments.