Defi Development Corporation Adds $9.9M in Solana to Treasury, Taps Binance VP as CFO

CN
5 hours ago

The publicly traded firm formerly known as Janover, DeFi Development Corporation (Nasdaq: JNVR), has announced the appointment of Fei “John” Han as Chief Financial Officer and Dan Kang as Head of Investor Relations, enhancing its financial leadership team as it scales its crypto-focused treasury strategy. Han, who brings over 15 years of experience from notable positions at Binance and Kraken, will steer the company’s financial strategy, while Kang adds his expertise in strategy and capital markets. In a separate announcement, the company revealed it has purchased approximately 65,305 solana ( SOL) tokens, increasing its total holdings to about 317,273 SOL, valued at approximately $48.2 million. This strategic acquisition, which includes locked SOL sourced through Bitgo’s OTC desk, reflects the company’s commitment to optimizing its treasury and aligning with the solana ecosystem.

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