On June 25, according to Morningstar, the British listed company TAO Alpha PLC announced plans to launch a second round of convertible loans, aiming to raise at least 100 million pounds.
It is reported that TAO Alpha has established a subsidiary, Tao Alpha PTE. LTD, in Singapore to hold its reserve assets. According to the new policy, the company can hold up to two-thirds of its cash in the form of Bitcoin and stablecoins, with the latest financing terms expected to be finalized in mid-July.
