Krutika Adani
From Real Estate to DeFi
Formerly Janover, the firm has rebranded as DeFi Development with a sole focus on Solana—shifting away from real estate into high-stakes crypto bets.
$100M Convertible Notes to Buy SOL
The company aims to raise $100M via convertible notes (due 2030), with a possible $125M target. Some proceeds also go toward stock buybacks to manage risk.
Can DeFi Dev Be SOL’s Market Mover?
Just as MicroStrategy props up Bitcoin, DeFi Development hopes to backstop Solana. But with investor doubts rising, all eyes are on whether the bold bet pays off.