Janover Announces Strategic Partnership with Kraken [Yahoo! Finance]
Janover Inc. (JNVR)
Company Research
Source: Yahoo! Finance
non-binding LOI for a strategic partnership with Kraken, one of the world's leading crypto exchanges. Under the agreement, Kraken plans to delegate a portion of its current and future Solana (SOL) stake to Janover-operated validators. Today, Kraken has over 4.5M SOL (approx. $500M) of delegation. The partnership is intended to deepen Janover's role in supporting the Solana network while reinforcing the company's long-term treasury strategy. Validator revenue generated from Kraken's delegation is expected to help fund operations and enable the Company to continue building its SOL position over time. For Janover, the partnership also reflects a long-standing relationship between its leadership team and Kraken. Joseph Onorati, Janover's CEO, spent nearly a decade at Kraken, most recently as its Chief Strategy Officer. “Kraken has always been one of the most principled and mission-driven platforms in the crypto industry,” said Joseph Onorati. “After eight incredible years at the com
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