Former Kraken Executives Invest in Real Estate and Crypto
April 9, 2025 - 09:30
Artificial intelligence (AI)-powered commercial real estate firm Janover, Inc. has successfully raised around $42 million through a strategic offering of convertible notes and warrants. This funding round saw participation from notable investors, including Pantera Capital, Kraken, and Arrington Capital.
The infusion of capital is expected to bolster Janover's operations as it continues to innovate in the realm of commercial real estate. The firm is particularly focused on leveraging AI technology to enhance property valuation and investment strategies.
In a significant move, Janover has also announced plans to begin accumulating cryptocurrency assets for its treasury, starting with Solana. This decision reflects a growing trend among companies to diversify their asset portfolios by incorporating digital currencies. By integrating crypto assets, Janover aims to position itself at the forefront of the evolving landscape of both real estate and blockchain technology, potentially unlocking new opportunities for growth and investment.
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