Deep Tide TechFlow News, August 28, according to Globe Newswire, Caliber (NASDAQ: CWD), a real estate asset management company listed on the Nasdaq in the United States, announced that its board of directors has officially approved a new Digital Asset Reserve Strategy (DAT Strategy). The company plans to allocate part of its reserve funds to purchase LINK tokens and generate returns through staking and other methods.
Caliber has also established a Cryptocurrency Advisory Committee (CCAB) to provide guidance on the company's digital asset strategy. The company believes that holding LINK as a reserve asset not only has long-term appreciation potential but also allows it to leverage the technology of the blockchain oracle network Chainlink to improve business processes such as asset valuation and fund management. The company will acquire LINK tokens through existing credit lines, cash reserves, and equity securities issuance.
