19 Apr 2025

Janover Inc. Partners with BitGo to Accelerate Solana (SOL) Accumulation

 

Investing.com — Janover Inc. (Nasdaq: JNVR) announced today that it has entered into a partnership with crypto infrastructure provider BitGo to accelerate its Solana (SOL) accumulation strategy.

Through this partnership, Janover will work closely with BitGo’s OTC desk—which has processed billions of dollars in transaction volume—to acquire discounted locked SOL tokens. These locked tokens are a specific type of asset that are not available on regular exchanges. BitGo will act as a channel for Janover to obtain these tokens, which will be held long-term and staked to increase SOL holdings for investors.

Locked SOL typically refers to tokens that are subject to contractual restrictions such as vesting schedules, bankruptcy proceedings, venture allocations, or project-specific lockups. While they cannot be transferred on-chain until the lockup period expires, they can be bought and sold via OTC transactions between eligible parties.

BitGo is uniquely positioned to create value in this market segment due to its custodial relationships and its visibility into the location, holders, and liquidity timelines of locked SOL. This gives Janover access to discounted long-term SOL supplies that would otherwise be difficult to obtain.

All SOL acquired through BitGo will be held long-term and staked via validators operated by Janover to generate yield.

“BitGo’s access to the locked token market gives us a way to efficiently accumulate discounted SOL and execute on our capital strategy,” said Joseph Onorati, CEO of Janover.

BitGo’s comprehensive services platform provides direct trading and staking from insured, qualified custody for both liquid and locked token markets, making it an ideal partner as Janover continues to expand its SOL capital position. Built for trust and scalability, BitGo’s industry-leading Solana solutions will help safeguard Janover’s long-term holdings obtained through this partnership and reinforce its role as a public market accumulator tied to the Solana ecosystem.

This partnership is part of Janover’s broader strategy to offer investors transparent exposure to Solana via a public equity vehicle. The company recently disclosed that it holds more than $21.2 million worth of SOL and plans to continue growing its position in the coming quarters.