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By Kapil rajyaguru
Janover Doubles Down on SOL, Boosts Holdings to $20mn as Stock Rockets 1700%.
Fintech commercial real estate platform Janover purchased another 80,567 Solana (SOL) tokens, bringing total holdings to 163,651 as part of a new treasury strategy.
The company is the first publicly-traded U.S. firm to focus its treasury strategy on Solana’s cryptocurrency.
Janover’s stock price has surged over 1,700% since its crypto pivot.
Another Japanese Firm Mulls Michael Saylor’s BTC Strategy.
Value Creation, a Tokyo-listed logistics and tech firm, expects to add $700,000 worth of bitcoin to its balance sheet over the next four months.
This firm had previously purchased about $1.4 million worth of bitcoin.
The funds come from surplus capital earmarked for future investments, the company said.
Stablecoin Market Could Grow to $2tn by End-2028.
The passage of the Genius Act in the U.S. could lead to a massive jump in stablecoin supply, Standard Chartered said.
The stablecoin market could grow to $2 trillion by the end of 2028 from $230 billion currently, the report said.
The bank said an increase in stablecoin supply has implications for U.S. Treasury buying and dollar hegemony.
Supreme Court Dismisses WazirX Users Petition.
As soon as the Wazirx users petition was presented before the bench of Justice BR Gavai and Justice Augustine Masih, it was dismissed by the court, on grounds of policies related to cryptocurrencies in India.
The Supreme Court observed that they are in no mood to entertain the plea by WazirX users.
This is the first time the country’s top court is directly addressing the WazirX hack — one of India’s most controversial crypto cases. The victims, many of whom previously approached the Delhi High Court, now want central regulators and investigative bodies to step in.
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