💼 SkyAI sells its entire Solana treasury and launches a $201 million tender offer

SkyAI, the company that had accumulated most of the Solana treasury, announced the sale of all its tokens and launched a $201 million tender offer. This outflow could put downward pressure on Solana’s price and affect its investors.

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Source: The Defiant · https://thedefiant.io/converge/tradfi-and-fintech/skyai-sells-entire-solana-treasury-launches-201-million-tender