Oblong (OBLG), a Nasdaq-listed IT solutions company, has announced it has staked $8 million worth of TAO tokens. This follows Oblong's strategic acquisition of TAO, fueled by a prior $7.5 million capital raise. This move signifies Oblong's confidence in TAO's technology and its potential within the IT solutions landscape. Staking TAO allows Oblong to participate in the network's governance and earn rewards, further solidifying its investment. The acquisition and subsequent staking position Oblong to leverage TAO's capabilities to enhance its existing offerings and explore new avenues for growth in the evolving IT sector. This strategic move underscores Oblong's commitment to innovation and its forward-thinking approach to expanding its market presence. ```