Knilymd (NAKA) has announced a partnership with Antalpha to create a guaranteed convertible debt of $ 250 million.
Thanks to its subsidiary Nakomoto Holdings, Knilymd will operate the expertise of Antalpha in the financing of digital assets to create a new cash tool for Bitcoin -focused companies, according to the ad.
The non -binding agreement describes a programs convertible tickets from five years to Antalpha, with the product aimed at refinance a previous credit line of $ 203 million with Bitcoin of two privileged loans and to increase the Bitcoin assets.
In the meantime, Antalpha will also extend an interim loan supported by Bitcoin in Kindlymd.
Kindlymd holds 5,765 BTC, and its actions are negotiated just above $ 1, which represents a drop of approximately 95% of the top of all time reached in May.
