TechFlow News, according to Cryptoslate, venture capital fund Polychain Capital purchased 1,408 YFI tokens yesterday morning, worth approximately $2.1 million at the time of the transaction. On October 19, Polychain Capital had purchased 329 YFI tokens. Notably, Polychain Capital was founded by Olaf Carlson-Wee, Coinbase's first employee, and currently manages over $300 million in assets. Its investment portfolio includes companies such as Coinbase, Matrixport, Oasis Labs, Compound, and Nervos.
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