Onfolio plans to stake its Bitcoin, Ethereum, and Solana holdings through established digital finance platforms to generate yield

Onfolio Holdings has secured up to $300 million in financing through a convertible note facility with a US-based institutional investor.

The company will deploy the capital across Bitcoin, Ethereum, and Solana, moving away from the one-digital-asset-only approach favored by some corporate treasuries.

Onfolio says the raise strengthens its balance sheet and long-term growth strategy, as it gives it a pool of capital intended to fund crypto purchases, staking activity, and acquisition-led expansion across its portfolio of cash-flowing online businesses.

Onfolio’s long-term facility is about digital asset yield

The company will receive $6 million in gross proceeds at the initial closing on November 18, 2025, after which it expects to receive $2 million in approximately 30 days. 

In its announcement, Onfolio stated that “up to $292 million remains available in potential future tranches, subject to certain conditions.”

It plans to allocate approximately $2.5 million in net proceeds of the initial closing to acquiring and staking digital assets and another $2.5 million from the proceeds to support strategic growth initiatives across Onfolio’s operating businesses.

In subsequent tranches, the allocation shifts markedly, with 75% designated for digital asset purchases and 25% for operations.

Wells said, “We see the initial tranches as transformative for Onfolio and believe that future tranches, if drawn, would meaningfully expand our strategic flexibility and support the continued scaling of our business.”

The multi-token treasury model

“We’ve structured this facility to allow us to invest directly in Bitcoin, Ethereum, and Solana, and stake those assets through established digital finance platforms to earn a return on invested capital, while also adding meaningful cash to support our operations and our path toward sustained profitability,” Wells said.

The multi-token approach, while not unique, is a departure from the corporate playbook established by Strategy and other Bitcoin maximalists. There are other companies that have applied Strategy’s approach to other crypto assets, such as Ethereum and Solana, with BitMine and Forward Industries owning the largest treasuries for the respective tokens. 

Onfolio’s strategy centers on yield generation through staking, which offers varying returns across different cryptocurrencies.

“We believe one of the most effective ways for a digital asset treasury to build value, and potentially outperform the underlying assets, is to pair it with scalable operating profits,” Wells said. “A balanced, multi-token approach provides diversified exposure to leading digital assets while reducing concentration risk.”

Blending operating cash flow with the upside of digital assets

Onfolio is developing what it calls a modern public holding company model that combines operational cash flow from a growing portfolio of online businesses with a diversified digital asset treasury.

The hybrid structure aims to blend the operational discipline of private equity with the liquidity of public markets and the upside potential of digital assets. “Our aim is to create an investment vehicle that gives shareholders the upside potential of digital assets alongside the stability and durability of operating cash flow,” Wells said.

Onfolio says the new facility gives it a boost as it pursues other avenues for growth, like expanding its digital treasury, scaling existing businesses, reducing select liabilities, and acquiring additional cash-flowing digital companies.

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