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LOS ANGELES - OFA Group (NASDAQ:OFAL), an integrated architecture and technology firm with a market capitalization of $28.58 million and last twelve months revenue of $0.39 million, announced Thursday it will begin accepting cryptocurrency payments for its architectural services and AI-driven tools.
The company will support Bitcoin, Ethereum, Solana, stablecoins and other established cryptocurrencies, with transactions processed through institutional-grade security protocols.
This initiative follows OFA’s recently announced Bitcoin-focused treasury strategy of up to $100 million and aims to create a natural inflow mechanism for digital asset accumulation.
"Accepting cryptocurrency payments represents the natural evolution of our digital asset treasury strategy," said OFA COO Thomas Gaffney in a press release statement.
The company expects this payment option to appeal primarily to crypto-native real estate developers, technology companies, and institutional clients who want to use their digital assets for architectural and AI services.
OFA Group provides architectural services including design and fit-out services for commercial and residential buildings, and is developing proprietary AI technologies to enhance its design services.
The announcement comes as more companies explore ways to integrate digital assets into their business operations and treasury management strategies. InvestingPro analysis indicates the stock is currently overvalued, with the company operating at a loss of $0.03 per share over the last twelve months. Discover more insights and 8 additional ProTips about OFAL on InvestingPro.
In other recent news, OFA Group has made significant strides with the launch of a $100 million digital asset treasury. This initiative is managed by Bitwise Asset Management and aims to incorporate cryptocurrency into the company’s balance sheet to generate yield opportunities and support operational growth. Additionally, OFA Group announced plans to acquire a 60% controlling interest in Aspire Homes Realty Inc. and its affiliated lending platform, RateDNA, Inc. These businesses are supported by AlphaX, a private investment firm based in Orange County, California.
Furthermore, OFA Group is advancing its dual-strategy business model, which focuses on developing AI platforms and real estate initiatives. The company is working on PlanAId, a compliance automation platform for building codes, and co-developing an AI application for generating essential documentation from architectural layouts. These developments come as OFA Group recently celebrated its initial public offering with a Nasdaq closing bell ceremony.
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