Janover, a platform that connects the commercial real estate industry, has raised $42 million to accelerate its acquisition of digital assets.
The company plans to acquire digital assets in the Solana ecosystem through U.S. public markets.
Former leaders of crypto platform Kraken have acquired majority ownership in Janover, aiming to bridge the liquidity gap between traditional finance (TradFi) and decentralized finance (DeFi).
Janover will continue to operate its core business as a platform providing data and software subscriptions to multifamily and commercial property professionals, while transitioning to a software-as-a-service (SaaS) business model.