Synaptogenix Inc. Announces Initial Acquisition of TAO as Part of Crypto Treasury Strategy, Partners with BitGo for Custody and Yield Generation
Synaptogenix Inc. has announced its acquisition of TAO as part of its cryptocurrency treasury strategy, focusing on AI and machine learning. BitGo has been appointed as the custodian for TAO holdings, ensuring secure storage and facilitating acquisitions through its trading platforms. This acquisition, funded by cash reserves, initiates revenue generation through TAO staking, highlighting Synaptogenix's commitment to its crypto strategy and long-term value creation.
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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Synaptogenix Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY16751) on June 24, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
