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Onfolio Holdings Receives $4.75M in Investment Proceeds
Globenewswire· 2025-11-21 17:20
WILMINGTON, Del., Nov. 21, 2025 (GLOBE NEWSWIRE) -- Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) (OTC: ONFOP) (the "Company" or "Onfolio"), a company that combines digital assets, DeFi yield, and cash-flowing online businesses, today announced that it has received $4.75 million in investment proceeds under its previously announced financing agreement. The Company has allocated approximately $2.35 million toward business growth initiatives, repayment of debt and working capital, and approximately $2.4 million ...
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]