Synaptogenix Inc. has announced its initial acquisition of TAO as part of its cryptocurrency treasury strategy, focusing on artificial intelligence and machine learning. The company has appointed BitGo as the custodian for its TAO holdings, which will be secured in regulated, insured cold storage. BitGo will also facilitate Synaptogenix's acquisitions of TAO through its trading platforms. The acquisition, funded by Synaptogenix's cash reserves, marks the commencement of revenue generation through TAO staking. The move underscores Synaptogenix's commitment to its crypto strategy and long-term value creation.
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