Onfolio Holdings raises $300 million to establish a digital asset treasury

Jinse Finance reported that Nasdaq-listed company Onfolio Holdings announced it has secured $300 million in financing through convertible notes from a U.S. institutional investor. The new funds will be used to support the establishment of its digital asset treasury, initially purchasing three major cryptocurrencies: BTC, ETH, and SOL. The company stated it will utilize crypto staking to generate yields, thereby strengthening its balance sheet and accelerating operational business growth.