On July 15, according to the official announcement, the US-listed company OFA Group announced that it has reached a committed equity subscription agreement with Atsion Opportunity Fund LLC, with potential financing of up to $100 million and the possibility of expanding to $200 million upon mutual consultation.
If the financing is obtained, the funds will be primarily used to support OFA's cryptocurrency asset management strategy. Under the guidance of Bitwise, the strategy will initially assess the possibility of strategically positioning BTC, SOL, or SUI, and explore asset allocation directions for generating returns and income.
