In a recent announcement, Animoca Brands announced additional purchases from the open market. PROS announced its intention to purchase the tokens.
PROS, Prosper’s utility token, is available on-chain at the institutional level. Bitcoin Designed to bring mining power. The token offers exposure to the Bitcoin hashrate as well as the broader Bitcoin ecosystem. The current circulating market cap of PROS was $10 million, but following the news of the investment, the price of the altcoin increased by 76%.
According to Animoca Brands’ official blog post, the company’s decision demonstrates its belief in Prosper’s new strategic direction. The goal was stated to increase the utility of the PROS token while being further integrated into the Bitcoin ecosystem. “Animoca Brands’ purchase of PROS tokens demonstrates our commitment to supporting Prosper’s initiative to unlock the potential of Bitcoin, the most decentralized cryptocurrency,” the statement said.
According to the statements on the official website, “Prosper’s goal of bridging the enterprise-level Bitcoin mining power on-chain aims to fully maximize the capabilities of Bitcoin and provide new opportunities for investors and users in the ecosystem.”
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/dev-animoca-brands-bir-altcoine-yatirim-yaptigini-acikladi-fiyatta-inanilmaz-yukselis-var/
