Luna Foundation Guard acquires additional 37,863 BTC as part of reserve strategy

by Aurelia Butler 5 May 2022, 21:40 159 Views

The raise allowed LFG to acquire 37,863 BTC via over-the-counter swaps with broker Genesis Trading and an additional purchase from Three Arrows Capital, a leading crypto venture capital firm. The specific breakdown of the deal included a $1 billion over-the-counter swap with Genesis for $1 billion in UST and a $500 million BTC purchase from Three Arrows Capital, the company disclosed Thursday.

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Source: Cryptocurrency - investing.com

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Luna Foundation Guard acquires additional 37,863 BTC as part of reserve strategy

Bob Iger, eBay, sports agent Rich Paul, Chernin Group team up to buy 25% stake in toy maker Funko

Court orders BitMEX co-founders to pay fine in connection with CFTC charges

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