Kraken Team of Janover:- A lot has happened with Janover (NASDAQ: JNVR) in the few past days. One of the leading crypto exchanges, Kraken, invested in its private offering fundraising of $42 million last week.

With other investors including Pantera Capital, Arrington Capital, the AI-powered real estate lending firm is also focusing on its Solana Treasury strategy. It is slowly aiming to transition from a fintech company to Web3 pioneer in DeFi.

This all is happening after an all-former Kraken team acquired majority ownership in the company on April 7. The press release revealed the reason to be for “bridging the liquidity gap between Traditional Finance and Decentralised Finance.” In fact, Janover is soon set to rename to “DeFi Development Corporation” with a new ticker symbol.

But, let’s come straight to the point:- Why are former Kraken Executives Interested in Janover? Before it, the firm was purely AI platform focused on connecting the lenders and borrowers in the real estate market.

Decoding the Acquisition by Kraken Team

The Kraken team has notably bought 728,632 shares of Janover common stock with its share witnessing a whopping 1,000% surge soon after it unveiled its treasury strategy. The impressive market performance highlights the bullish response on its DeFi amibitions and transitions.

A CNBC report compared its renewed ambitions with that of becoming the next “MicroStrategy” but for Solana. As of April 13, 2025, MicroStrategy – now operating under the name Strategy – holds 531,644 bitcoins,

Janover’s bid is evident on the surface. It is following a bold new treasury strategy architected by former Kraken management executives.

As part of its new Treasury Strategy, Janoger on April 11 completed purchase of $5 million of Solana (SOL) tokebs. This brings its total Solana holdings to 83,084 worth $9.6 million. It immediately started staking it’s SOL immediately for revenue yields.

Further, Janover operates in the $3 trillion+ U.S. commercial real estate (CRE) sector—a space that’s historically underserved by tech.

This gives Kraken-aligned investors a “real-world asset” (RWA) entry point. The company plans to rename itself to DeFi Development Corporation, signaling a serious pivot to Web3-first business models.

Notably, Kraken recently expanded to TradFi with the launch of Stock & ETF Trading.

As part of the transition, Janover aims to become the first U.S.-listed company offering public market investors direct exposure to Solana’s ecosystem.

The Company also aims to operate one or more Solana validators. This is aimed at enabling it to stake its treasury assets, participate in securing the network, and earn rewards that can be reinvested.

The broader goal, according to the company, is to build a transparent, long-term value engine that compounds net asset value (NAV) and serves as a scalable gateway to DeFi within public equity markets.

Notably, as per the revelation, Janover isn’t pivoting away from its core—it’s enhancing its fintech model with blockchain principles.

Who are the Kraken Team Members Leading Janover Now?

Following the acquisition, the Board of Directors appointed Joseph Onorati as Chairman and CEO, and Parker White as Chief Investment Officer and Chief Operating Officer.

The new leadership, including Joseph Onorati as CEO and Parker White as CIO/COO, brings extensive experience from the crypto industry.

1. Joseph Onorati served as Chief Strategy Officer at Kraken Digital Asset Exchange. He also founded and led a high-frequency crypto market maker and briefly served as interim CEO at CaVirtEx, Canada’s first Bitcoin exchange, which was acquired later by Kraken.​

2. Parker White was the Director of Engineering at Kraken Digital Asset Exchange. He currently operates a Solana validator with $75 million in delegated stake and previously managed a $2 billion bond portfolio at an institutional investment firm.​

Additionally, Marco Santori, former Chief Legal Officer at Kraken, has also joined Janover’s Board of Directors.

However, Janover’s founder, Blake Janover, and Director and Audit Committee Chair William Caragol continue to on the board to ensure continuity in the company’s operations.

Notably, Janover isn’t a whitepaper project — it’s a revenue-generating commercial lending platform in a $3T+ real estate market. This proves to be a safer bet for Kraken Team than pure crypto startups – for leading and securing space in DeFi.

Next Microstrategy?

Janover is making this transition at a strategic time. With institutions warming up to stablecoins, tokenized U.S. Treasuries, DeFi yield products, it can have an edge in its ambitions.

Janover’s treasury pivot could position it as a leader in real-world asset integration, which Kraken-affiliated strategists are likely bullish on.

But it is still to early to see it in par with Microstrategy. Investors can keep an eye as its future plans unfold.​

The post Kraken Alums Drive Janover’s New Treasury Strategy – Is the Next MicroStrategy in the Making? appeared first on CoinGape.

Bitcoin price has shed 21% of its value from its record high of around $108,000 recorded in January 2025. Despite the uncertainty, Strategy (formerly MicroStrategy), which is currently the fourth-largest Bitcoin holder, has continued to accumulate. However, as the price inches lower, Strategy’s $44 billion BTC portfolio is at risk of dropping below the average buying price of $67,556. If this happens, what would happen to the company’s 531,644 BTC? Let’s explore. 

Why Bitcoin Price Drop Below $67K Threatens Michael Saylor’s Strategy 

Bitcoin price today trades at $85,550. Meanwhile, Strategy’s average buying price for its $44 billion Bitcoin portfolio is $67,556 per data from Strategy Tracker. This means that at the current BTC price, Strategy is 26% above water and sitting on $9 billion in unrealized profits. 

However, the most recent Bitcoin purchase by Strategy drew criticism from Bitcoin critic Peter Schiff who observed that each new purchase takes the company closer to making losses. He opined, 

“At the moment you still have about a 25% paper gain. By soon your average cost will be above the market price, meaning your entire Bitcoin position will be held at a loss.” 

Schiff’s comments come after popular market analyst Whale Panda criticized Strategy’s plan to buy Bitcoin using debt. The analyst stated that Saylor would likely trigger the next Bitcoin bear market if he fails to get the cash needed to pay off the debt offerings used to fund MicroStrategy’s BTC accumulation. 

Moreover, last week, an SEC filing by Strategy emerged stating that if BTC price continues to decline, Strategy might sell Bitcoin at a loss to meet its financial obligations. This means that if Bitcoin falls below $67,000 and MicroStrategy is required to pay off debt, it will have to start liquidating BTC and end Saylor’s HODL strategy. 

The possibility of MicroStrategy going underwater explains why $67,000 matters to Saylor’s Bitcoin plan and Strategy’s business model. 

What Happens to Strategy’s $44B BTC if Price Drops Below $67,000? 

The impact that the drop in Bitcoin price below $67,000 would have on Strategy’s $44 billion BTC portfolio depends on whether such a dip is temporary or sustained. If Bitcoin briefly retests $67K but bounces back above Strategy’s average buying price, the company may not face a liquidation risk. However, this dip may create market FUD.

On the other hand, if Bitcoin price drops to $67,000 and sustains the drop to retest lower levels, Strategy will face liquidation and credit risk. In its recent SEC filing, the company stated, 

“These risks could materialize at times when Bitcoin is trading below its carrying value on our most recent balance sheet or our cost basis.” 

The resulting selloff will trigger market-wide fear and panic, causing retail traders to also dump their holdings. This may also create a black swan effect across the crypto market. 

These scenarios highlight why Bitcoin needs to hold above $67,000 to ensure MicroStrategy’s $44 billion Bitcoin portfolio does not suffer losses. 

Bitcoin Technical Analysis 

On-chain and technical data show a bullish Bitcoin price prediction, which may prevent a dip to $67,000. Analyst Miles Deutscher observed that BTC has broken out of a descending trendline for the first time since it fell from its ATH in January. 

This breakout suggests that the downtrend is weakening. If Bitcoin sustains this bullish breakout, it could result in additional gains. 

At the same time, IntoTheBlock data shows that on April 14, more than $465M BTC was withdrawn from exchanges, signaling accumulation. If the technical and on-chain data remains strong, it may prevent Bitcoin from falling below Strategy’s average buying price of $67,000, avoiding the liquidation risk.

The post Here’s What Would Happen to Strategy’s $44B BTC if Bitcoin Price Crashes Below $67K appeared first on CoinGape.

XRP price has recorded marginal gains today and held its $2.15 support as the broader crypto market stayed in the green. Amid this, a top analyst revealed that Ripple’s coin may have already hit its bottom. However, he also highlighted some key conditions that the crypto must attain to confirm the bottom.

Meanwhile, another expert has also shared key insights and mathematical calculations, which showed how Ripple’s native crypto might hit the $15 ahead.

XRP Price Holds $2.15 Support: Has It Already Bottomed Out?

XRP price has added around 0.23% during writing and exchanged hands at $2.15, while its one-day volume fell 25% to $2.99 billion. Notably, the crypto’s current market cap stood at $125.33 billion and the token has touched a 24-hour high of $2.18.

Besides, CoinGlass data showed that XRP Futures Open Interest also rose 0.5%, reflecting renewed market confidence. Amid this, renowned analyst EGRAG CRYPTO suggests that XRP might have already hit its bottom on April 7. However, the analyst outlines some key conditions to confirm this trend reversal.

XRP Really Bottomed?

According to the pundit, Ripple’s coin must close a weekly full-body candle above $2.10, the 21-week EMA, and notably above $2.25. If these conditions are met, it would strongly confirm the bottoming out of XRP price. However, failure to achieve these conditions may lead to other market narratives emerging, the expert noted.

Meanwhile, despite the soaring discussions, another expert recently hinted that the crypto might hit $15, citing XRP ETF inflow as the key factor.

Ripple’s Coin To Hit $15? ETF Inflow Calculation Shows

In a recent analysis, market expert Zach Rector made a bold prediction that XRP price could reach $15 and beyond, driven by anticipated inflows from Exchange-Traded Funds (ETFs). According to Rector, JPMorgan’s estimate of $4 to $8 billion inflows into XRP ETFs in the first year could trigger a significant price surge.

A Closer Look Into The Calculation

Using his market cap multiplier model, Rector calculated that a conservative $4 billion inflow could lead to a 200x multiplier, resulting in an $800 billion increase in XRP’s market cap. Adding this to the current market cap of $125 billion would take the total market cap to $925 billion. With a circulating supply of 60 billion XRP tokens, this would translate to a price of $15.42 per token.

Rector’s analysis is based on the market cap multiplier theory, which measures how inflows can amplify an asset’s valuation. He cited a recent example where XRP’s market cap grew by $7.74 billion in just eight hours, fueled by a mere $12.87 million in inflows, resulting in a 601x multiplier.

While Rector’s prediction seems ambitious, industry leaders are growing more confident about the prospect of an XRP ETF. Ripple CEO has predicted that at least one XRP ETF could launch in the second half of 2025. If Rector’s analysis is correct, the anticipated ETF inflows could trigger a significant rally for XRP price, making $15 a realistic target.

Meanwhile, this also comes as Ripple’s coin continues to witness an influx, outshining BTC, ETH, SOL, and others. A recent report showed that XRP defied the broader market trend last week when the broader digital assets space noted an outflux of over $790 million.

Additionally, a recent Ripple price analysis also showed that the XRP ETF launch, among other factors, could trigger a short-term surge to $5.5 for the crypto. However, investors should exercise caution and conduct their own research before making any investment decisions.

But, this prediction seems to have sparked interest in the crypto community, with many eagerly awaiting the potential launch of XRP ETFs in 2025.

The post Has XRP Price Already Bottomed? Analyst On How Ripple Coin Can Hit $15 appeared first on CoinGape.

Tether, the issuer of the USDT stablecoin, has invested in Fizen Limited. Finzen is a fintech company that focuses on self-custody crypto wallets and digital payments.

The investment will support Fizen’s development of solutions that allow stablecoin transactions for consumers and businesses.

Tether to Address Financial Inclusion Through Stablecoin Technology

As outlined in the announcement, Fizen uses payment technologies to facilitate stablecoin transactions and incorporate crypto use cases into day-to-day actions.

The partnership is looking to counter the issues identified in the World Bank’s Global Findex Report on the many millions of people around the world who do not currently have access to bank accounts, because of issues with the distance they are from financial institutions and documentation that is required to open a bank account.

The partnership between Tether and Fizen intends to provide a bridge between cryptocurrency and traditional payments. This will allow individuals to pay using their stablecoins like USDT while merchants receive fiat settlements via payments through a QR code, card reader, or existing financial services. USDT coin has a market cap of $144.5 billion and currently trades at a price of $0.9998.

Stablecoins like USDT have better stability and maintain their peg even with cryptocurrencies that have high volatility. Check out our USDT April 2025 price prediction to understand how the stablecoin could likely perform.

The investment will allow Fizen to improve its blockchain capabilities and allow the integration of stablecoins across multiple blockchain ecosystems. According to the announcement, users will gain access to more efficient ways to store, transfer, and transact using stablecoins without facing restricted access or complicated documentation requirements.

Tether CEO States The Importance of This Investment

Tether’s CEO Paolo Ardoino highlighted the importance of the investment. He stated, “Tether’s investment in Fizen underscores our commitment to expanding global access to efficient and reliable digital financial solutions that promote the informed responsible use of digital assets in everyday life.” He added that Tether recognizes the important role of self-custodial payment infrastructure in driving real-world use cases.

The World Bank’s Global Findex Report identifies key barriers that prevent millions from accessing traditional banking services. Particularly, this includes physical distance to financial institutions and documentation requirements.

Nevertheless, stablecoins are not without their difficulties in real-world applications for commerce. Fizen believes they can resolve these issues by enabling users to pay with stablecoins while permitting merchants to receive fiat settlements through established payment rails like QR codes and card readers.

The Fizen approach does away with the need for extra infrastructure. In several market forecasts referenced in the release, QR code payments expect to surpass $3 trillion and have 2.2 billion users by 2025, with increased smartphone adoption and convenience in making digital transactions fueling this growth substantially. Notably, the announcement for the partnership follows Tether’s USDT being approved as a legal cryptocurrency last month in Thailand.

The post Tether Invests in Fizen to Expand Stablecoin Adoption and Self-Custody Solutions appeared first on CoinGape.