Frugl Group Limited ( (AU:IFG) ) has shared an update.
InFocus Group Holdings Limited announced a corporate update involving a USD 1.5 million services agreement to develop a cross-border stablecoin-based payments platform, with an initial deposit of USD 38,000 received. Additionally, the company raised AUD 250,000 through a placement, primarily from Obsidian GP, a long-term supporter, to be used for working capital and advancing client engagements, including the stablecoin project.
More about Frugl Group Limited
InFocus Group Holdings Limited (IFG) is a data intelligence and software solutions company with expertise in data analytics, software and platform development. It operates four business units: InFocus Analytics, the Frugl Grocery app, and software development consultancies Onify and Prodigy9, offering capabilities in business intelligence, cybersecurity, artificial intelligence, machine learning, and team augmentation.
YTD Price Performance: -5.00%
Average Trading Volume: 3,504,765
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$3.54M
See more data about IFG stock on TipRanks’ Stock Analysis page.