Join our growing community to challenge mainstream media bias and fix the news
Galaxy Digital sells stake in EOS creator Block.one

Galaxy Digital sells stake in EOS creator Block.one

Galaxy Digital has sold its shares in Block.one, the creator of the EOS blockchain, and received $71.2 million and a 123 per cent return on the realized investment. The outcome is a result of Block.one’s buyback program of 10 per cent of its company shares. Due to the buyback, the company is valued at about $2.3 billion, which is up from about a $40 million valuation in the 2017 seed round.

Timothy
Timothy
Top in Crypto