US-listed Janover said on Monday it had raised $42 million by issuing convertible notes and warrants to investors including Pantera Capital, Kraken and Arrington Capital, which will be used to buy SOL as a financial reserve. Perhaps the first US company to adopt an acquisition strategy for Solana, Janover intends to change its name to DeFi Development Corporation and change its stock code. Joseph Onorati, the company's newly appointed chairperson and chief executive, revealed that his team plans to start increasing its SOL holdings "immediately". Janover also plans to acquire validators - the computers that help run the Solana network and verify transactions - which can be used not only to acquire SOL tokens but also to "pledge" them, earning rewards by locking SOL tokens on the network.