Disclosure: This article is based on a company-issued press release. The claims described below primarily reflect statements made by ONFA and its parent company, Mettitech Technology Group, and should be independently verified by readers.
Mettitech Technology Group has unveiled the broader structure of ONFA, a digital asset management platform positioned as a multi-purpose system for trading, NFTs, staking, and wealth-oriented crypto services. According to the release, the platform is designed to help users preserve and grow value through a combination of digital asset conversion, yield features, and ecosystem participation.
U.S. licensing and compliance claims
The company said ONFA received a digital asset exchange operating license in Wyoming on March 26, 2024. It described the approval as a major regulatory milestone for its business. The release also stated that ONFA FINTECH was among early digital asset firms to file and receive approval for a notice of exempt offering under Reg D Rule 506(c) with the U.S. Securities and Exchange Commission on June 4, 2024, underscoring its stated focus on operating within U.S. compliance standards.
Product stack spans DEX, NFT market, staking, and revenue sharing
ONFA highlighted four core offerings: ONFA Swap Exchange, ONFA Market NFT, ONFA Staking, and ONFA Shares. The swap product is presented as a decentralized exchange for fast digital asset conversion. Its NFT marketplace is intended for buying and selling NFTs, with the company saying NFT holders may receive daily OFT rewards. The staking service allows users to lock digital assets in exchange for rewards, while ONFA Shares is described as a profit-sharing model linked to NFT sales and platform fees. The company said returns could reach up to 35%, with larger OFT holdings increasing profit-share eligibility.
On the infrastructure side, ONFA said it has built ONFA Chain, which it described as a high-speed smart chain capable of processing transactions within seconds. The release further emphasized investment in encryption and security measures aimed at protecting user assets and data.
OFT positioned as the center of the ecosystem
The platform’s native token, OFT, is presented as the main utility asset within the ONFA ecosystem. According to the release, it can be used for payments, fee discounts, staking participation, and NFT trading on ONFA Market. The company also said it plans to use a buyback-and-burn mechanism to manage token supply, limit inflationary pressure, and support long-term value.
Beyond trading services, ONFA outlined a broader digital asset management vision that includes direct spending from digital wallets, custody and fiat transaction support, interest-bearing crypto storage, and diversified investment opportunities. The company said passive income products may offer rates of up to 12%, though the release did not provide detailed disclosures on product design, eligibility, or risk controls.
Global expansion target by 2027
Backed by Mettitech Technology Group, ONFA said it aims to reach 10 million users across more than 50 countries by 2027. The release added that Mettitech was founded by Vietnamese-American professor Nicholas Phan, DBA, and said the group’s background in technology development and trade promotion would support ONFA’s international growth plans.
Because the source material is promotional in nature, readers should treat the statements on licensing, projected returns, token economics, security, and user growth targets with caution and verify them through public filings, regulatory records, on-chain data, and independent due diligence.