Commercial real estate platform Janover has bought more than 83,000 SOL in the past two days
As part of its new digital asset finance strategy, commercial real estate platform Janover has bought more than 83,000 SOL tokens in the past two days, bringing its total SOL holdings to 83,084 tokens worth about $9.60 million, and plans to pledge its holdings and run validators to generate on-chain revenue.
The move came after Janover completed a $42 million funding round, and as the company positioned itself as a transparent, publicly traded cryptocurrency investment vehicle, Janover's share price surged 1,100 percent after the news broke, giving the company a market capitalization of around $73.5 million.