Safello increases exposure to TAO in its strategic crypto reserve — TradingView News
Safello
Stockholm, 23 May 2025 | Safello, the leading cryptocurrency exchange in the Nordics, today announces a third reallocation of its crypto treasury, further increasing exposure to TAO, the native token of the decentralized AI protocol Bittensor.
On 20 and 21 May 2025, Safello sold 19 ETH on each day, acquiring 113.2097 and 116.1447 TAO respectively, at an average price of approximately 370 EUR per TAO.
This follows Safello’s initial TAO acquisitions on 8 and 14 May and is part of a longer-term dollar cost averaging strategy. Safello’s crypto treasury now consists of 8 BTC, 75 ETH, and 698.36 TAO.
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