Janover Expands Solana Holdings wiht Major Purchase
Janover,a real estate firm with ties to former kraken executives,has significantly boosted its Solana (SOL) holdings. On April 15, the company announced it acquired 80,567 SOL, investing $10.5 million. This purchase brings its total SOL holdings to 163,651.7, valued at $21.2 million, including staking rewards.
Janover’s board approved this Solana treasury strategy on April 4, 2025.The firm aims to become the largest corporate holder of SOL in the U.S., inspired by Strategy’s success with Bitcoin. The company plans to operate Solana validators to maximize staking benefits.
Joseph Onorati, Janover’s CEO, and Parker White, CIO and COO, are leading this initiative. Both have backgrounds in Kraken, with Onorati as the former chief strategy officer and White as the engineering director.
Janover raised $42 million through a convertible notes offering on April 7, 2025.The funds will support its digital asset strategy. Notable investors include Pantera Capital, Kraken, and Arrington Capital.
Janover’s move reflects growing corporate interest in Solana. The firm aims to leverage SOL’s potential for long-term growth and staking rewards.
