U.S. -listed company Synaptogenix completed its first TAO token acquisition, appointed BitGo as custodian and began pledging revenue
Online reports, according to PR Newswire, US-listed biotechnology company Synaptogenix(NASDAQ:SNPX) announced the completion of its first TAO token acquisition as part of its recently announced cryptocurrency treasury strategy focusing on artificial intelligence and machine learning. The company has selected BitGo, a digital asset infrastructure provider, to provide qualified custody, pledge and trading services for its TAO holdings. Joshua Silverman, executive chairman of Synaptogenix, said that under the guidance of James Altucher, head of crypto TAO strategy, the company has purchased the leading crypto artificial intelligence token TAO and has begun to pledge the token to generate revenue and capital appreciation. Synaptogenix has begun to generate revenue through TAO pledges, with initial acquisition funding coming from the company's sufficient cash reserves.
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