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Onfolio Holdings has secured a maximum funding amount of $300 million through convertible notes to build a digital asset treasury.
BlockBeats News, November 19, according to globenewswire, Onfolio Holdings Inc., a company operating an online business with cash flow (Nasdaq code: ONFO, ONFOW), today announced that it has secured up to $300 million in financing through a convertible note financing arrangement with a U.S. institutional investor.
This agreement will provide Onfolio with a significant long-term source of capital to build its digital asset treasury, generate yield through staking, strengthen its balance sheet, and accelerate the growth of its operating business.
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