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DeFi Development Eyes $1 Billion for Solana Acquisition

  • DeFi Development Company aims to raise $1 billion to acquire Solana, according to an SEC filing.
  • It has raised 42 million and holds approximately $48.2 million worth of SOL.
  • DeFi Development Company will stake SOL and actively enhance the security of Solana’s network.
  • DeFi Development, formerly known as Janover Inc., plans to raise $1 billion through securities sales for the acquisition.

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