Aragon Project adds $20 million in ether to treasury for safety amid FTX collapse
The Aragon Project increased the ether (ETH) holdings in its treasury by over $20 million in an attempt to improve its exposure to more censorship-resistant crypto assets. Aragon swapped $20.4 million worth of USDC and wrapped bitcoin for ETH, according to its weekly report. . Ether tokens now account for about 42% of the Aragon treasury which is currently worth $153 million. Aragon swapped another $5.2 million worth of wrapped bitcoin for BTC. The project’s treasury rebalancing also included...
Aragon Project adds $20 million in ether to treasury for safety amid FTX collapse
The Aragon Project increased the ether (ETH) holdings in its treasury by over $20 million in an attempt to improve its exposure to more censorship-resistant crypto assets. Aragon swapped $20.4 million worth of USDC and wrapped bitcoin for ETH, according to its weekly report. . Ether tokens now account for about 42% of the Aragon treasury which is currently worth $153 million. Aragon swapped another $5.2 million worth of wrapped bitcoin for BTC. The project’s treasury rebalancing also included...
