Janover announces strategic partnership with Kraken

Janover (JNVR) announced the execution of a non-binding LOI for a strategic partnership with Kraken. Under the agreement, Kraken plans to delegate a portion of its current and future Solana stake to Janover-operated validators. Kraken has over 4.5M SOL of delegation. The partnership is intended to deepen Janover’s role in supporting the Solana network while reinforcing the company’s long-term treasury strategy. Validator revenue generated from Kraken’s delegation is expected to help fund operations and enable the company to continue building its SOL position over time. Joseph Onorati, Janover’s CEO, spent nearly a decade at Kraken, most recently as its chief strategy officer.