A large company bought SUSHI tokens for $5.2 million

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American asset management company GoldenTree Asset Management disclosed data on the acquisition of SushiSwap (SUSHI) for $5.2 million.

According to Etherscan, the purchase of 3,027,916 tokens carried out September 13th.

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Company representative Mark Rutherford, in a community forum post, spoke about the firm’s strategy for SushiSwap and digital assets in general.

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“We trust the team and the community and want to hear different points of view in order to come to our own conclusions,” the message says.

GoldenTree Asset Management expressed their readiness to help in matters of tokenomics, as well as protocol design.

SUSHI reacted positively to the news. The daily growth rate of the asset price reached 13.9%, according to CoinGecko.

On March 8, GoldenTree Asset Management hired asset manager Avi Felman from BlockTower Capital as head of digital asset trading.

In August 2021, the firm invested part of its capital in bitcoin, according to media reports. The size of the purchase was not disclosed.

Jared Gray was previously the executive director (“chef”) of Sushi.

In May, the project community proposed to discuss the creation of a legal structure for the project.

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Source: Cryptocurrency

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