Cryptoknowmics
2022-11-26 08:31:47

Aragon Project Puts $20M in Ether to Treasury for Safety As FTX Falls

The Aragon Project boosted its holdings of ether (ETH) in its treasury by more than $20 million in an effort to enhance its exposure to censorship-resistant digital assets. This week at Aragon: 💸 Treasury moves towards ETH and DAI🤖 New blog on smart contracts behind DAOs🧪 ZK Research team presents exciting work 🗞👇https://t.co/rUCNo9dk08 — Aragon 🦅 (@AragonProject) November 25, 2022 Aragon Project Exchanges BTC For ETH According to its weekly report, Aragon exchanged bitcoin for ETH and $20.4 million worth of USDC. At the moment, the Aragon treasury, now valued at $153 million, is made up of around 42% ether The post Aragon Project Puts $20M in Ether to Treasury for Safety As FTX Falls appeared first on Cryptoknowmics-Crypto News and Media Platform .

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