#MarketRebound
Vault Ventures Makes Crypto Investment Move
According to the official statement made by the company:
403,373 Ethereum (ETH) $ETH were purchased for 750,000 British pounds (approximately $1.028 million). The average purchase price was stated as 1,810 pounds.
At the same time, 1.85606 Bitcoins (BTC) $BTC were purchased for 150,000 pounds (about $205,000), at an average price of 78,407 pounds.
With these transactions, Vault Ventures' total crypto assets reached 437,843 ETH and 2.07606 BTC.
Company Chairman Brian Stockbridge said in a statement after the acquisition that there were disruptions in money transfers due to delays in the UK banking system, but this problem was resolved with newly established professional banking relationships.