Janover Partners With Kraken to Expand Crypto Holdings

Dow Jones
04-16

By Connor Hart

Janover entered a non-binding letter of intent with cryptocurrency exchange Kraken.

Under the deal, Janover, whose AI-enabled platform serves the commercial real estate industry, said Tuesday that it will be delegated a portion of Kraken's current and future stake in Solana, one of the largest cryptocurrencies.

Terms of the deal weren't disclosed. Kraken currently has over 4.5 million Solana, or approximately $500 million, of delegation, Janover said.

The Boca Raton, Fla., company said the partnership will expand its role in supporting the Solana network, while also reinforcing its long-term treasury strategy. It added that validator revenue generated from Kraken's delegation will help fund operations and allow the company to continue building its Solana position over time.

Additional details regarding the agreement will be included in upcoming regulatory filings, the company said.

Shares rose 2.3%, to $76.19, in after-hours trading.

Write to Connor Hart at connor.hart@wsj.com

 

(END) Dow Jones Newswires

April 15, 2025 17:01 ET (21:01 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10