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Onfolio Holdings raised $300 million to establish a digital asset treasury.

According to Mars Finance, Nasdaq-listed company Onfolio Holdings announced that it has secured $300 million in financing through convertible notes from a U.S. institutional investor. The new funds will be used to support its establishment of a digital asset treasury, initially purchasing three mainstream crypto assets: BTC, ETH, and SOL. The company stated that it will use staking of crypto assets to generate revenue to enhance its balance sheet and accelerate business operations rise.

BTC-1.65%
ETH-2.64%
SOL-2.97%
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