Lookonchain APP

App Store

US Stocks: Profusa Signs $100 Million Equity Line of Credit Agreement, Launches Bitcoin Treasury Reserve Strategy

2025.07.21 20:24:22

July 21st. According to the report from businessinsider, the commercial-stage digital health company Profusa (NASDAQ: PFSA) announced today that it has signed a Securities Purchase Agreement (Equity Line Facility) with Ascent Partners Fund LLC (referred to as "Ascent"). Through the issuance of common stock, it plans to raise up to $100 million. The net proceeds will be entirely used to purchase Bitcoin (for debt repayment), provided that the company's cash balance at the time of the equity sale is more than $5 million. Under the terms of the agreement, Profusa has the right to sell common stock to Ascent at a price per share, which is equal to 97% of the lowest Volume Weighted Average Price (VWAP) during the 5 trading days following each sale. The maximum amount for each sale is $5 million or 100% of the average daily trading volume over the 5 trading days preceding the sale date, whichever is lower. If the company's cash balance drops below $5 million, the net proceeds will first be used to replenish that amount, and the remaining funds will be allocated to Bitcoin as a core reserve asset.
Relevant content

New York Stock Exchange and Blockchain.com will explore tokenized U.S. stock trading.

According to official sources, Blockchain.com and the New York Stock Exchange Group (NYSE) announced today that they have signed a memorandum of understanding (MOU), which will enable Blockchain.com’s user base to access tokenized U.S. exchange-listed stocks and ETFs on NYSE’s previously announced digital Alternative Trading System (ATS), subject to securing all necessary regulatory approvals. The partnership aims to expand NYSE’s reach to crypto-native investors via Blockchain.com’s global customer base. As Citi Research forecasts tokenized assets could hit a baseline scenario of $5.5 trillion by the 2030s, innovation and adoption of tokenized securities have accelerated in recent years. Tokenized stocks may offer fractional ownership, 24/7 trading decoupled from traditional market hours, investment access for global investors, and faster, more transparent on-chain settlements. Additionally, the MOU includes two-way market data distribution between the two firms’ platforms. NYSE affiliate ICE Data Services plans to distribute Blockchain.com’s crypto market data and analytics to subscription clients, giving traditional investors more insights into digital asset investment opportunities. Blockchain.com will integrate select ICE and NYSE exchange data sources into its app, allowing over 44 million verified accounts to access real-time stock information.

4 minutes ago

Sources familiar with the matter: MoonPay acquires private market infrastructure platform North Capital for $60 million.

According to people familiar with the matter, MoonPay has agreed to acquire private market infrastructure platform North Capital in an all-stock deal valued at over $60 million. North Capital will become a wholly owned subsidiary of MoonPay. The source stated that the transaction will enable MoonPay to provide the infrastructure needed to support broader adoption of tokenized real-world assets.

4 minutes ago

Central Bank of Russia: Aims to Eliminate Illegal Cryptocurrency Exchange Platforms by July 1, 2027

According to TASS, Russia’s Central Bank has expressed its wish for illegal cryptocurrency exchange operators to cease operations, adding that the relevant gray areas should be eliminated by July 1, 2027. The announcement follows Russian President Vladimir Putin’s signing of a cryptocurrency legalization law on August 4, which defines digital currencies as property and grants the Central Bank responsibility for market regulation. The law’s main provisions took effect on September 1, 2026, though cryptocurrency exchanges may continue operating without being registered on the Central Bank’s official registry until July 1, 2027.

4 minutes ago

U.S. venture capital firms including Founders Fund have recently been making frequent trips to China to assess AI companies.

According to a report from The Information, despite a sharp decline in U.S. venture capital firms’ investments in Chinese startups in recent years, some U.S. VCs are still traveling to China to meet with tech founders. Last month, three partners from Peter Thiel’s Founders Fund—Sean Liu, John Luttig, and Joey Krug—visited tech companies in Beijing, Shanghai, and Shenzhen.

4 minutes ago

New York Stock Exchange and Blockchain.com to explore tokenized US stock trading

According to market sources, the New York Stock Exchange (NYSE) and Blockchain.com will explore trading crypto versions of U.S.-listed stocks.

4 minutes ago

The Cosmos Hub network has been restarted as scheduled, and block production has returned to normal.

Cosmos Hub released an official statement noting that validators have successfully restarted the Cosmos Hub network as planned, block production has resumed, the network is operating normally, and the team will continue monitoring network status and issuing further updates.

4 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano