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TechFlow, Nov. 6 — According to Globenewswire, Fitell Corporation, a Nasdaq-listed company, announced it has raised $50 million through the issuance of convertible bonds. The company plans to convert the net proceeds into stablecoin assets to expand its balance sheet and will also use stablecoins to support 2F Robotics, an AI-driven robotics and automation systems development company.
According to Globenewswire, Nasdaq-listed Fitell Corporation announced it has raised $50 million through the issuance of convertible bonds. The company will convert the net proceeds into stablecoin assets to expand its balance sheet, and will also use stablecoins to support 2F Robotics, an AI-driven robotics and automation systems development company.
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