DeFi Development Corp Pivots with $11.5M Solana Bet—Drops Janover Name Like a Bad Token

Rebranding as DeFi Development Corp, the former Janover makes a bullish $11.5M Solana play—because nothing says ’fresh start’ like doubling down on crypto’s most volatile ecosystem. The move follows Solana’s recent resurgence, proving once again that in DeFi, amnesia is the most valuable asset.

Real-time Solana balances

As part of the transition, DeFi Development Corporation is launching a new website — www.defidevcorp.com — to provide ongoing disclosures related to its treasury, including real-time Solana balances, staking metrics, and SOL per share. 

As of April 22, the company holds 251,842 SOL, equal to 0.17 SOL per share, valued at $23.47 each — a 62% increase from the last reporting period.

The latest Solana purchase was funded from a recently completed $42 million raise. All newly acquired SOL will be staked, earning native rewards and contributing to network security. The company also intends to run Solana validators to further integrate with the ecosystem.

While its real estate SaaS platform remains active, the company’s strategic pivot positions it as a publicly traded crypto treasury vehicle offering exposure to Solana for institutional and retail investors.