KindlyMD Partners with Antalpha on $250M Bitcoin-Backed Financing Deal
KindlyMD (NAKA) has entered a partnership with Antalpha to establish a $250 million secured convertible debt facility.
This initiative will be executed through KindlyMD's subsidiary, Nakomoto Holdings, leveraging Antalpha's digital asset financing expertise.
The agreement includes a five-year convertible note issuance aimed at refinancing a previous $203 million bitcoin-secured credit line and increasing bitcoin holdings.
An interim bitcoin-backed loan is expected to be extended to KindlyMD pending financialization.
