Online reported that US-listed company Janover said on Monday that it had raised US$42 million by issuing convertible notes and warrants to multiple investors such as Pantera Capital, Kraken, and Arrington Capital. The funds will be used to purchase SOL as financial reserves. Janover may be the first company in the United States to adopt an acquisition strategy for Solana, and the company plans to change its name to DeFi Development Corporation and change its ticker symbol. Joseph Onorati, the company's newly appointed chairman and CEO, revealed that his team plans to start increasing its holdings in SOL "immediately." Janover also plans to acquire validators (computers that help run the Solana network and verify transactions) that can be used not only to acquire SOL tokens, but also to "pledge" them, earning rewards by locking SOL tokens to the network.