DeFi Development Corp (formerly Janover) aims to raise over $1 billion worth of capital to invest in Solana, the industry’s sixth-largest cryptocurrency by market capitalization.
The Nasdaq-listed firm, previously a real estate financing platform connecting commercial property lenders and buyers, announced its plans in a Form S-3 registration statement filed with the US Securities and Exchange Commission (SEC) on April 25.
The filing states that the funds will be used for general corporate purposes...