Janover, Inc. Raises $42 Million to Invest in Digital Assets
- Janover, Inc. raised approximately $42 million through convertible notes and warrants.
- Investors include Pantera Capital, Kraken, and Arrington Capital.
- The notes have a 2.5% annual interest rate and mature on April 6, 2030.
- Notes are convertible to common stock if the market cap reaches $100 million before maturity.
- Proceeds will be used to acquire digital assets, starting with Solana (SOL).
Janover, Inc., managed by former Kraken executives, secured $42 million from investors like Pantera Capital to fund digital asset acquisitions such as Solana (SOL). The funds were raised through convertible notes with a 2.5% annual interest rate maturing in 2030.
Source (2.6)https://dailyhodl.com/2025/04/08/ex-kraken-execs-acquire-real-estate-firm-begin-accumulating-crypto-assets-for-treasury-starting-with-solana/?rand=59076
