PANews
PANews|11月 18, 2025 14:46
[Publicly Listed Company Onfolio Holdings Raises $300 Million to Build Digital Asset Reserve] According to Globenewswire, Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) announced that it has secured up to $300 million in financing through a convertible bond arrangement with a U.S. institutional investor. This agreement provides Onfolio with substantial long-term funding, which can be used to build its digital asset reserve (including Bitcoin, Ethereum, and Solana), generate yield through staking, strengthen its balance sheet, and accelerate the growth of its operating businesses. The initial transaction terms are as follows: approximately $6 million in gross proceeds will be raised at the first closing around November 18, 2025 (subject to customary conditions). Approximately 30 days later, an additional $2 million is expected to be raised at the second closing. Under certain conditions, future potential financing in subsequent tranches could reach up to $292 million.
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