Movement co-founders respond to token deposits to Coinbase: transactions related to institutional products, will not be sold or transferred
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Movement co-founders respond to token deposits to Coinbase: transactions related to institutional products, will not be sold or transferred
Movement co-founder Rushi commented in the replies that this is a transaction for institutional products (such as ETP/ETF) and corresponding loans即将推出的 by institutions, and it will not be sold or transferred.
Navigating Web3 tides with focused insightsTechFlow reported on March 30 that in response to crypto KOL Bingwa's质疑 regarding Movement Labs depositing 17.15 million MOVE tokens into Coinbase, Rushi, co-founder of Movement, commented that this was a transaction related to upcoming institutional products (such as ETP/ETF) and corresponding lending services for institutions, and that these tokens will not be sold or transferred.
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