Investing

Grayscale Buys $43M LINK as SEC Signals Clearer Crypto Rules

The post Grayscale Buys $43M LINK as SEC Signals Clearer Crypto Rules appeared first on Coinpedia Fintech News

Grayscale Investments has quietly accumulated about 5.258 million LINK worth roughly $43 million, even as the token trades nearly 70% below last year’s high. The move comes as the U.S. Securities and Exchange Commission hires a former deputy general counsel from Chainlink Labs following the departure of Gary Gensler.

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