Janover Expands Solana Holdings in Saylor-Inspired Treasury Strategy
Janover, a publicly traded real estate firm led by former Kraken executives, has deepened its commitment to Solana with a significant new acquisition. On April 15, the AI-driven company announced the purchase of 80,567 SOL tokens, adding to its growing crypto treasury.
The firm’s strategic pivot toward Solana follows a playbook reminiscent of MicroStrategy’s aggressive Bitcoin accumulation, now rebranded as Strategy. While other firms, like Canada’s Sol Strategies, have also embraced Solana as a treasury asset, Janover aims to become the largest corporate holder of SOL in the United States.
In addition to steadily building its SOL reserves, Janover is planning to run one or more Solana validators, seeking to capitalize further on staking rewards.
At the helm of this initiative are Joseph Onorati and Parker White—former Kraken executives—now serving as Janover’s CEO/Chairman and CIO/COO, respectively. Onorati was previously Kraken’s Chief Strategy Officer, while White served as Director of Engineering.
To fund its digital asset strategy, Janover raised $42 million through a convertible note offering announced on April 7, 2025. The round saw participation from leading investors including Pantera Capital, Kraken, Arrington Capital, The Norstar Group, Third Party Ventures, and 11 angel investors.
Since the board approved its Solana treasury strategy on April 4, 2025, Janover has completed three major SOL purchases. With its latest $10.5 million investment, the company’s total Solana holdings have reached 163,651.7 tokens—now valued at approximately $21.2 million, including staking rewards.