London listed company Vinanz raises $4 million in bridge financing to expand its Bitcoin business

According to Foresight News, Vinanz Limited, a London listed company, announced that it has reached an investment agreement with a certain investment institution through Dominari Securities, a US bank, to obtain up to $4 million in funding. The first $2 million has been received and will be used to expand Bitcoin assets, with plans to achieve dual listing on NASDAQ in the future. The second phase of $2 million funds will be available for withdrawal upon meeting specific conditions. The financing is a 12-month convertible bond with an annualized interest rate of 5%.