๐ GameSquare Launches $100M Ethereum Treasury Strategy with Initial $5M Purchase
๐ In a bold move blending traditional finance with DeFi innovation, GameSquare Holdings has acquired 1,818 ETH (worth $5 million) at an average price of $2,749 per token โ the first step in its $100 million Ethereum treasury strategy.
๐ก The goal?
To generate 8%โ14% yield through DeFi protocols, while positioning ETH as a strategic treasury asset.
๐น This signals a growing trend of companies leveraging crypto-native tools to boost returns and diversify treasuries
๐น Ethereumโs role is expanding beyond tech and into corporate finance and asset management
๐ข As institutional adoption accelerates, GameSquareโs strategy could become a playbook for treasury innovation in the Web3 era.
#Ethereum #GameSquare #DeFi #CryptoTreasury #Blockchain
https://coingape.com/gamesquare-acquires-1818-eth-to-launch-100m-ethereum-treasury-strategy/?utm_source=bnb&utm_medium=coingape