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Nasdaq company buys additional 1.6 billion yen in Solana, bringing total to 4.9 billion yen

2025/04/23 18:37 (Updated 2025/05/09 13:03)
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Written by A.Yamada
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Nasdaq company buys additional 1.6 billion yen in Solana, bringing total to 4.9 billion yen

Solana holdings worth 4.9 billion yen

DeFi Development Corporation (formerly Janover), a Nasdaq-listed US commercial real estate digital platform company, announced on the 22nd that it had purchased additional Solana (SOL). It acquired 88,164 SOL for approximately $11.5 million (approximately 1.6 billion yen).

Last week on the 16th, it also purchased 1.5 billion yen worth of Solana. The first purchase was on April 8th, making this the sixth purchase. This brings the company's total Solana holdings to 251,842.

In addition, the company is taking a strategy of immediately staking the newly acquired Solana, and the time of the Solana holdings, including staking rewards, will be...

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MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.