Safello increases exposure to TAO in its strategic crypto reserve
18 juni, 13:00
Safello increases exposure to TAO in its strategic crypto reserve
Stockholm, 18 June 2025 | Safello, the leading cryptocurrency exchange in the Nordics, today announces a seventh reallocation of its crypto treasury, further increasing exposure to TAO, the native token of the decentralized AI protocol Bittensor.
On 18 June 2025, Safello sold 1 BTC at a price of 91,130 EUR per BTC, and purchased approximately 294 TAO at a price of 308.50 EUR per TAO.
This follows Safello’s initial TAO acquisitions on 8, 14, 20, 21, and 28 May, as well as on 4 and 11 June 2025, and forms part of a longer-term dollar-cost averaging strategy. Safello’s crypto treasury now consists of 5 BTC and 1,965 TAO.
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For more information, please contact
David Leeb, Chief Marketing Officer, at press@safello.com
Certified Adviser
Amudova AB is Safello’s certified adviser.
Safello is the leading cryptocurrency exchange in the Nordics, with over 404,000 users. The company is empowering financial independence by making crypto accessible to everyone. Safello offers a secure and easy solution for buying, selling, storing, as well as depositing and withdrawing cryptocurrencies directly from the blockchain – ensuring seamless transactions at industry-leading speeds. Operating in Sweden, Safello has been registered as a financial institution with Finansinspektionen (Swedish Financial Supervisory Authority) since 2013 and is listed at Nasdaq First North Growth Market since 2021. For more information visit www.safello.com.
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Safello increases exposure to TAO in its strategic crypto reserve
18 juni, 13:00
Safello increases exposure to TAO in its strategic crypto reserve
Stockholm, 18 June 2025 | Safello, the leading cryptocurrency exchange in the Nordics, today announces a seventh reallocation of its crypto treasury, further increasing exposure to TAO, the native token of the decentralized AI protocol Bittensor.
On 18 June 2025, Safello sold 1 BTC at a price of 91,130 EUR per BTC, and purchased approximately 294 TAO at a price of 308.50 EUR per TAO.
This follows Safello’s initial TAO acquisitions on 8, 14, 20, 21, and 28 May, as well as on 4 and 11 June 2025, and forms part of a longer-term dollar-cost averaging strategy. Safello’s crypto treasury now consists of 5 BTC and 1,965 TAO.
###
For more information, please contact
David Leeb, Chief Marketing Officer, at press@safello.com
Certified Adviser
Amudova AB is Safello’s certified adviser.
Safello is the leading cryptocurrency exchange in the Nordics, with over 404,000 users. The company is empowering financial independence by making crypto accessible to everyone. Safello offers a secure and easy solution for buying, selling, storing, as well as depositing and withdrawing cryptocurrencies directly from the blockchain – ensuring seamless transactions at industry-leading speeds. Operating in Sweden, Safello has been registered as a financial institution with Finansinspektionen (Swedish Financial Supervisory Authority) since 2013 and is listed at Nasdaq First North Growth Market since 2021. For more information visit www.safello.com.
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