On Monday, Janover Inc (NASDAQ:JNVR) announced it will begin accepting payments in Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL) for select services.
The company's decision aligns with the increasing support for digital assets in domestic policy and broader financial markets.
Chairman and CEO Blake Janover flagged the broadening acceptance and potential for digital currencies like Bitcoin, citing companies like MicroStrategy Inc (NASDAQ:MSTR) that have successfully tapped Bitcoin's appreciation.
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He highlighted the opportunity to participate in the market in a measured and responsible manner.
Janover plans to incorporate select cryptocurrencies into its accepted forms of payment and is contemplating a treasury allocation plan for these assets.
While prioritizing responsible risk management, the company intends to offer clients greater transaction flexibility. It continues facilitating lower friction and truly modern financial experiences for commercial real estate stakeholders across the ecosystem.
Janover's 1-for-8 reverse stock split became effective at 12:01 a.m. Eastern Time on Monday, December 30, 2024.
Price Action: JNVR stock closed higher by 8.59% to $0.6298 on a presplit basis on Friday.
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