• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

GameSquare Acquires 1,818 ETH Under $100 Million Strategy

user avatar

by Giorgi Kostiuk

10 hours ago


GameSquare Holdings, a Nasdaq-listed media company, has announced the initiation of a treasury strategy by acquiring 1,818 ETH. This move forms part of a larger $100 million strategy focused on DeFi.

GameSquare's Treasury Strategy

GameSquare Holdings acquired 1,818 ETH as part of its treasury to enhance financial flexibility. CEO Justin Kenna stated that this purchase supports a defined capital allocation plan including further ETH purchases and share buybacks.

Impact on ETH Liquidity and DeFi

This strategy could potentially boost ETH liquidity and interest in the DeFi sector. The institutional support for GameSquare enriches its DeFi expertise, which may influence market dynamics and financial behavior within the crypto ecosystem.

Corporate Participation and Ethereum Financial Instruments

The potential integration of AI and risk management aims to optimize returns between 8-14%, exceeding standard ETH staking yields. This financial innovation may serve as an example for other companies looking to leverage Ethereum's financial instruments.

GameSquare's actions may inspire similar corporate strategies aimed at adopting cryptocurrency assets into financial practices, potentially increasing interest in Ethereum among businesses and supporting DeFi protocols.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

REX Shares Aims for 200% Returns with TRON ETF

chest

REX Shares files for an ETF aiming to deliver 200% returns based on TRON's daily performance.

user avatarGiorgi Kostiuk

GMX Hack Leads to $42 Million Loss and Temporary Trading Halt

chest

GMX exchange suffers a $42 million hack. Trading is suspended as assets are put at risk.

user avatarGiorgi Kostiuk

XRP Surpasses $2.39, Whale Accumulation and Technical Analysis Indicate Growth

chest

XRP price reached $2.39, notable whale accumulation is observed alongside technical analysis suggesting an upcoming rise.

user avatarGiorgi Kostiuk

KuCoin Confirms High Reserve Ratios in Latest Hacken Audit

chest

KuCoin announced the successful completion of its Proof of Reserves audit, confirming reserve ratios above 110% for major cryptocurrencies.

user avatarGiorgi Kostiuk

XRP and Bitcoin: New Investment Opportunities

chest

Analysis of current trends in the cryptocurrency market with a focus on XRP and Bitcoin.

user avatarGiorgi Kostiuk

GATES Inc.'s Real Estate Tokenization on Oasys: A Revolution in Investments

chest

GATES Inc. begins tokenizing $75 million in Tokyo real estate on Oasys. A new step towards democratizing investments.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.