Janover Inc. (Nasdaq: JNVR) Announces Partnership with BitGo to Accelerate the Company's Solana (SOL) Accumulation Strategy

BOCA RATON, FL, April 16, 2025 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) ("Janover" or the "Company") announced today that it has partnered with BitGo

Boca Raton, FL, April 16, 2025 (GLOBE NEWSWIRE) - Janover Inc. (Nasdaq: JNVR) ("Janover” or the "Company”) today announced that it has partnered with BitGo, a leading crypto infrastructure provider offering trading, staking and qualified custody, to accelerate the Company's Solana (SOL) accumulation strategy.

Through this partnership, Janover will work closely with BitGo's OTC desk, which has facilitated billions in trading volume to date, to source discounted locked SOL - a specific class of token inventory not available through traditional exchanges. BitGo will serve as Janover's channel for acquiring these locked tokens, which will be held long term and staked to increase SOL per share for investors.

Locked SOL refers to tokens held under contractual restrictions, typically from vesting schedules, bankruptcies, venture allocations, or project-specific lockups. These tokens cannot be transferred on-chain until their unlock period expires, but can still be bought and sold over-the-counter between qualified parties.

BitGo is uniquely positioned to unlock value in this corner of the market due to its custody relationships and data visibility into where locked SOL sits, who holds it, and when it will become liquid. This gives Janover targeted access to discounted long-term SOL supply that may otherwise be difficult to source.

Locked SOL refers to tokens held under contractual restrictions, typically from vesting schedules, bankruptcies, venture allocations, or project-specific lockups. These tokens cannot be transferred on-chain until their unlock period expires, but can still be bought and sold over-the-counter between qualified parties.

BitGo is uniquely positioned to unlock value in this corner of the market due to its custody relationships and data visibility into where locked SOL sits, who holds it, and when it will become liquid. This gives Janover targeted access to discounted long-term SOL supply that may otherwise be difficult to source. All SOL acquired through BitGo will be held for the long term and staked to earn yield via Janover-operated validators.

"We are excited to partner with BitGo to accelerate our strategy of accumulating discounted SOL for the benefit of our investors," said Joseph Onorati, CEO of Janover. "BitGo's access to locked token markets gives us an efficient way to execute on our treasury strategy.”

BitGo's full-service platform provides trading and staking directly from insured, qualified custody across both liquid and locked token markets, making it an ideal partner as Janover continues to expand its SOL treasury position. BitGo's industry-leading Solana solution, built for reliability and scalability, will secure Janover's long-term positions acquired through this partnership, further reinforcing Janover's role as a public-market accumulator aligned with the Solana ecosystem.

This partnership is part of Janover's broader strategy to provide investors with transparent exposure to Solana via a public equity vehicle. The Company most recently announced that it holds over $21.2 million in SOL and intends to continue expanding its position in the coming quarters.

Further details regarding the agreement will be included in Janover's upcoming regulatory filings.

About Janover Inc.

Janover Inc. (Nasdaq: JNVR) has adopted a treasury policy which allocates the principal holding in its treasury reserve on the balance sheet to be funded with Solana (SOL). In adopting its new treasury policy, the Company intends to provide investors a way to access the Solana ecosystem. The Company's treasury policy is focused on providing investors economic exposure to SOL investment.

We are an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions as well as value-add services to multifamily and commercial property professionals as we aggregate and connect the increasingly complex ecosystem that stakeholders have to manage.

We currently serve more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders including 10% of the banks in America, credit unions, real estate investment trusts ("REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities ("CMBS”) lenders, Small Business Administration ("SBA”) lenders, and more. Our data and software offerings are generally offered on a subscription basis as software as a service ("SaaS”).

About BitGo

BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to seamlessly navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles