DeFi Development submits $1 billion securities registration statement, with some funds used to increase holdings in SOL

Foresight News reported that DeFi Development Corp. (formerly Janover Inc.) submitted a $1 billion S-3 registration statement to the U.S. Securities and Exchange Commission on April 25, 2025. The company plans to raise funds through the issuance of various securities such as common stock, preferred stock, bonds, and warrants, primarily for the purchase of Solana cryptocurrency.