FRMO Corp. operates as a holding company, which engages in the identification and participation in operating assets. The company is headquartered in White Plains, New York. The firm is focused on making strategic investments in public and private companies. The firm holds a 21.84% and 21.80% equity interest in Horizon Kinetics Hard Assets LLC (HKHA), a company formed by Horizon Kinetics LLC (Horizon). The firm also holds a 4.95% interest in Horizon and earns substantially all of its advisory fees from Horizon. The firm's investments in digital assets include direct exposure to Bitcoin, Bitcoin Cash, Ethereum Classic, Ethereum, Litecoin and ZCash. Its wholly owned subsidiary is Fromex Equity Corp.