Wall Street Crypto Firm Valkyrie Is Holding a $700M Protocol Treasury
Valkyrie Investments will oversee NEM and Symbol protocol’s $700 million token treasury in a tie-up between modern-day asset managers and the digital realm.
The multisignature setup, which was formalized on Jan. 25, according to on-chain data, is an early instance of collaboration between two disparate corners of crypto. Valkyrie is a Wall Street-facing firm known for its bitcoin futures exchange-traded fund (ETF).
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