Onfolio Holdings (ONFO) Lands Up to $300 Million for Crypto Treasury as Q3 Loss Widens
Onfolio’s $300 Million Financing: What Was Announced Today This morning, Onfolio Holdings announced it has secured up to $300 million in financing through a convertible note facility with a U.S.-based institutional investor. GlobeNewswire+1 According to the company: Onfolio describes the facility as “transformative,” arguing it will: How the money will be used For the first $6 million: For future tranches, the company plans to allocate: CEO Dom Wells framed the move as part of a “modern public holding company model” that combines: While the press release confirms the financing is via convertible notes, key terms such as conversion price, interest