PANews reported on May 1 that according to The Block, Nasdaq-listed company DeFi Development Corp (formerly real estate software company Janover) announced that it will receive $24 million in PIPE investment (private equity financing), which will be used to increase holdings of Solana (SOL) and daily operations. Investors in this round include Galaxy Digital, Amber International Holding Limited, Arrington Capital, Republic Digital, Borderless Capital, RK Capital and Great Point Capital. The company sold 310,000 common shares and 215,000 pre-financing warrants at $46 per share. As of May 1, the company held 317,273 SOL (worth approximately $46.2 million) and earned income through staking in cooperation with Kraken.