KindlyMD (NAKA) announced a partnership with Antalpha to create a $250 million secured convertible debt facility. Through its subsidiary Nakomoto Holdings, KindlyMD will leverage Antalpha's expertise in digital asset financing to create new treasury tool for bitcoin focused-companies, according to the announcement. The non-binding agreement outlines a five-year convertible note issuance to Antalpha, with proceeds aimed at refinancing a previous $203 million bitcoin-secured credit line from Two Prime Lending and to increase bitcoin holdings.Pending financilization,Antalpha will also extend an interim bitcoin-backed loan to KindlyMD. KindlyMD holds 5,765 BTC, and its shares are trading just above $1, representing a roughly 95% decline from the all-time high reached in May.KindlyMD (NAKA) announced a partnership with Antalpha to create a $250 million secured convertible debt facility. Through its subsidiary Nakomoto Holdings, KindlyMD will leverage Antalpha's expertise in digital asset financing to create new treasury tool for bitcoin focused-companies, according to the announcement. The non-binding agreement outlines a five-year convertible note issuance to Antalpha, with proceeds aimed at refinancing a previous $203 million bitcoin-secured credit line from Two Prime Lending and to increase bitcoin holdings.Pending financilization,Antalpha will also extend an interim bitcoin-backed loan to KindlyMD. KindlyMD holds 5,765 BTC, and its shares are trading just above $1, representing a roughly 95% decline from the all-time high reached in May.
KindlyMD Partners with Antalpha on $250M Bitcoin-Backed Financing Deal
KindlyMD (NAKA) announced a partnership with Antalpha to create a $250 million secured convertible debt facility.
Through its subsidiary Nakomoto Holdings, KindlyMD will leverage Antalpha's expertise in digital asset financing to create new treasury tool for bitcoin focused-companies, according to the announcement.
The non-binding agreement outlines a five-year convertible note issuance to Antalpha, with proceeds aimed at refinancing a previous $203 million bitcoin-secured credit line from Two Prime Lending and to increase bitcoin holdings.
Pending financilization,Antalpha will also extend an interim bitcoin-backed loan to KindlyMD.
KindlyMD holds 5,765 BTC, and its shares are trading just above $1, representing a roughly 95% decline from the all-time high reached in May.
Market Opportunity
Nakamoto Games Price(NAKA)
$0,07184
$0,07184$0,07184
USD
Nakamoto Games (NAKA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Crypto execs met with US lawmakers to discuss Bitcoin reserve, market structure bills
Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more
Share
Coinstats2025/09/18 03:30
Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058
Ethereum price predictions are turning heads, with analysts suggesting ETH could climb to $10,000 by 2026 as institutional demand and network upgrades drive growth. While Ethereum remains a blue-chip asset, investors looking for sharper multiples are eyeing Layer Brett (LBRETT). Currently in presale at just $0.0058, the Ethereum Layer 2 meme coin is drawing huge [...] The post Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058 appeared first on Blockonomi.
Share
Blockonomi2025/09/17 23:45
Texas Monet Bank Plans Crypto Services as Bitcoin Hits $126K High
The post Texas Monet Bank Plans Crypto Services as Bitcoin Hits $126K High appeared on BitcoinEthereumNews.com. Monet Bank, a Texas-based institution owned by billionaire Andy Beal, has rebranded to prioritize cryptocurrency services, offering secure digital asset banking solutions amid regulatory shifts. This move positions it as a premier provider for crypto custody, lending, and blockchain-integrated transactions, capitalizing on Bitcoin’s 2025 all-time high of $126,000. Rebranding Focus: Monet Bank’s transition from Beal Savings Bank to XD Bank and now Monet Bank emphasizes digital asset innovation for the modern economy. Regulatory Changes: Recent federal adjustments under the Trump administration have eased restrictions, enabling banks like Monet to engage with cryptocurrencies without prior cautions. Growth in Sector: With Bitcoin hitting $126,000 in 2025, institutions such as Monet are expanding services, including blockchain for faster payments, supported by FDIC regulation and over $1 billion in capital. Discover how Monet Bank’s pivot to cryptocurrency services is reshaping banking. Explore secure digital asset solutions and regulatory insights for crypto investors today. (148 characters) What is Monet Bank’s Strategy for Cryptocurrency Services? Monet Bank’s cryptocurrency services represent a strategic pivot to integrate digital assets into traditional banking, providing clients with custody, lending, and blockchain-based transactions. Founded in 1988 as Beal Savings Bank, the Texas institution has undergone two rebrands in 2025—first to XD Bank and now to Monet Bank—to align with the digital economy. This evolution allows FDIC-insured operations while offering innovative tools for cryptocurrency users, backed by less than $6 billion in assets and strong capital reserves. How Does Monet Bank’s Rebranding Impact Crypto Banking? Monet Bank’s rebranding to focus on cryptocurrency services stems from a clear vision to become a leading digital asset financial institution. According to the bank’s official statement, it aims to deliver “innovative and forward-facing solutions for the digital economy,” operating through six Texas offices under strict FDIC oversight. This small community bank, with assets under $6 billion…
Share
BitcoinEthereumNews2025/12/07 09:52