Enlightify Inc., listed on the New York Stock Exchange, announced plans to purchase up to $20 million in CYBER tokens over the next 12 months.
Enlightify Inc. Announcement
Enlightify Inc. becomes the first public company to invest in the CYBER ecosystem. These purchases will be made on the open market as part of the company's growth and digital asset strategy.
Investment Strategy
According to the company's press release, acquisitions will be conducted as part of a long-term digital asset strategy using dollar-cost averaging (DCA). The total investment will not exceed $20 million.
Cyber Foundation Reaction
The Cyber Foundation reacted positively to Enlightify’s investment decision, stating:
> "Enlightify's decision demonstrates the growing institutional trust in the cyber ecosystem. This investment heralds a new era at the intersection of artificial intelligence and blockchain technology."
Thus, Enlightify Inc. is making a significant move towards integrating artificial intelligence and blockchain, reaffirming growing trust in new digital assets.
