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Onfolio Holdings Receives $4.75M in Investment Proceeds
Globenewswire· 2025-11-21 17:20
Core Viewpoint - Onfolio Holdings Inc. has secured $4.75 million in investment proceeds to enhance its business operations and digital asset strategy [1] Group 1: Investment Allocation - Approximately $2.35 million will be directed towards business growth initiatives, debt repayment, and working capital [2] - Around $2.4 million is allocated for the purchase of cryptocurrencies including BTC, ETH, and SOL as part of the company's digital-asset treasury strategy [2] Group 2: Management Insights - The CEO of Onfolio stated that the capital will be utilized to increase cash flow through interest payment reductions and injecting growth capital into the operating portfolio [3] - The company aims to leverage the current lower cryptocurrency prices to make transformative investments [4] Group 3: Financial Performance - Onfolio currently generates over $12 million in annualized revenue from its profitable operating units [5] - The repayment of certain notes and debt is expected to reduce interest obligations and improve cash flow, thereby strengthening the path toward consolidated profitability [5] Group 4: Company Overview - Onfolio Holdings Inc. focuses on acquiring and operating profitable online businesses across various sectors, including marketing, education, and e-commerce [6] - The company is evolving its strategy to integrate real-world earnings with a diversified digital-asset treasury for sustainable growth [6]
Ripple Said to Lead $1B Fundraise to Bulk Up XRP Holdings Amid Fragile Market
Yahoo Finance· 2025-10-17 06:03
Core Insights - Ripple Labs is leading an effort to raise at least $1 billion through a special-purpose vehicle aimed at accumulating XRP [1] - The initiative comes at a sensitive time for the digital-asset market, which is experiencing volatility due to recent market shocks [3] - Ripple's long-term strategy includes the acquisition of GTreasury for $1 billion, indicating a focus on institutional finance [4] Fundraising and Market Context - The fundraising effort would be one of the largest associated with XRP, which has a market capitalization of approximately $138 billion [2] - The new digital-asset treasury (DAT) structure aims to consolidate XRP exposure, similar to strategies used by other institutional accumulators [5] XRP Supply Dynamics - Ripple currently holds about 4.7 billion XRP directly, valued at roughly $11 billion, with an additional 35.9 billion tokens in escrow [5] - The strategy aims to bring stability or predictability to XRP's supply dynamics, especially as the token gains traction in institutional payments [6]