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AI-driven real estate firm Janover has secured $42 million through a convertible notes offering, backed by major crypto investors like Pantera Capital and Kraken. The funds will fuel digital asset acquisitions, starting with Solana (SOL). Ex-Kraken executives are now steering the company’s strategy.
- Janover's $42M funding includes convertible notes at 2.5% interest, maturing in 2030 and convertible upon reaching a $100M market cap.
- Investors received warrants: 8.333 shares at $120 and 6.666 shares at $150 per $1,000 of notes purchased.
- Ex-Kraken executives are managing Janover, with proceeds earmarked for Solana ecosystem investments.
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