BlockBeats News, April 7th, according to CNBC, U.S. publicly traded company Janover announced that the company has raised $42 million by issuing convertible notes and warrants to investors including Pantera Capital, Kraken, Arrington Capital, etc. These funds will be used to purchase SOL as a treasury reserve. The company's newly appointed Chairman and CEO, Joseph Onorati, revealed that his team plans to start "immediately" accumulating SOL. Janover also plans to acquire validators (computers that help run the Solana network and validate transactions), which can be used not only to acquire SOL tokens but also to "stake" them, meaning earning rewards by locking up SOL tokens on the network.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.