DeFi Development Corp, a publicly listed company, will receive $24 million in private equity financing to purchase more SOLs

According to The Block, DeFi Development Corp (formerly real estate software company Janover), a Nasdaq listed company, announced that it will receive $24 million in PIPE investment (private equity financing), which will be used to increase its holdings of Solana (SOL) and daily operations. This round of investors includes Galaxy Digital 、Amber International Holding Limited、Arrington Capital、Republic Digital、Borderless Capital、RK Capital And Great Point Capital. The company sold 310000 ordinary shares and 215000 pre financing warrants at a price of $46 per share. As of May 1st, the company holds 317273 SOLs (worth approximately $46.2 million) and has obtained profits through pledging in cooperation with Kraken.