Defi Development Corporation (DFDV), previously known as Janover (JNVR), added 82,404 Solana (SOL) tokens to its finances, pushing its total holdings to 400,091 Sol.
Sol’s current price is $143, and the company’s stack is worth over $57 million.
According to a press release, the newly acquired tokens include locked sols purchased from Bitgo’s over the counter desk. These tokens cannot travel on the chain until they are unlocked, but they can trade off-market work between agencies, the company said.
The company said it plans to wager these assets to generate yields.
This accumulation will be used to self-measure the entire Sol Treasury Department following the acquisition of validator operations earlier this week and generate “protocol native cash flows.”
DFDV shares are down 3.8% in trade on Tuesday morning, along with a 2% drop in price for Sol.