Dragonfly buys millions of tokens on Coinbase amid impending crypto bull run
Digital assets venture fund Dragonfly caught the attention of market players following its significant investments in the crypto industry. The company purchased various cryptos on exchange Coinbase, suggesting potential bullishness for the sector.
https://twitter.com/WuBlockchain/status/1731539376302334098
Besides reflecting Dragonfly’s confidence in upcoming bull runs, the strategic investment demonstrates Coinbase’s position in the cryptocurrency world despite its regulatory challenges.
Dragonfly bought several digital coins from Coinbase, including Ethereum, Lido, and Ribbon. The venture firm acquired 21.08 million RNB coins, 1.87 million LDO, 150.184 million Ether, and SFI tokens worth $97.68K.
With this strategic investment, Dragonfly signals its dedication to expanding its portfolio. The unlocked RBN, LDO, and Ether are essential for a diverse balance sheet. Moreover, it establishes Coinbase as the platform of choice for substantial token transfers.
https://invezz.com/news/2023/12/04/dragonfly-buys-millions-of-tokens-on-coinbase-amid-impending-crypto-bull-run
Topic: 2023-12-04 Invezz - Dragonfly buys millions of tokens on Coinbase amid impending (Read 81 times)
December 04, 2023, 06:06:51 AM
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