tiprankstipranks
Wellfield Technologies Boosts Capital with Alumina Deal
Company Announcements

Wellfield Technologies Boosts Capital with Alumina Deal

Wellfield Technologies Inc (TSE:WFLD) has released an update.

Stay Ahead of the Market:

Wellfield Technologies Inc., a fintech firm leveraging blockchain, has secured a C$5 million equity financing deal with Alumina Partners to boost its working capital, support its tokenized gold ecosystem, and expand digital asset custodian Brane Trust. The agreement allows Wellfield to issue equity in tranches over two years, subject to TSX Venture Exchange approval. The funds are expected to enhance the company’s growth in the tokenization of precious metals and decentralized finance.

For further insights into TSE:WFLD stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles