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The DDC, known as "Solana version of MSTR," submitted a $1 billion securities issuance filing to the SEC.
[Called “Solana version of MSTR”, DDC submitted a $1 billion securities issuance filing to the SEC] DeFi Development Company (code JNVR) has submitted a $1 billion shelf registration statement to the U.S. Securities and Exchange Commission. The company stated: “We may sell any combination of these securities in one or more offerings, the offering price and terms will be determined before the offering, with a total offering price of up to $1 billion.” DDC was renamed from Janover earlier this week and is referred to as “the Solana version of MSTR”, currently holding approximately $34.4 million in SOL, and plans to provide investors with an alternative path to acquire this encryption asset through increasing holdings and staking Solana.