Real-world data (RWD) provider OneMedNet has completed a $4.6 million private placement, using $1.8 million of the net proceeds to purchase BTC

ChainCatcher news, real-world data (RWD) provider OneMedNet Corporation has completed a round of private financing totaling approximately $4.6 million. Institutional investors participating in this round include affiliates of Off the Chain Capital and Discovery Capital Management.

The company plans to use the net proceeds for working capital and general corporate purposes, having allocated $1.8 million of the net proceeds to purchase Bitcoin ($BTC).

In this private placement, OneMedNet issued common stock and pre-funded warrants to investors at different prices. The company has committed to filing a registration statement with the U.S. Securities and Exchange Commission for the relevant shares.