by: xpoolPosted on:

DeFi Development Halts $1 Billion Solana Offering Due to SEC Block

DeFi Development, formerly known as Janover, has withdrawn a planned $1 billion offering on the Solana blockchain due to regulatory hurdles. The move follows the SEC’s blocking of a similar treasury strategy utilizing Solana-based assets and highlights ongoing scrutiny of crypto ventures aiming for significant market exposure.

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