TechFlow, August 28 — According to Globe Newswire, Caliber (NASDAQ: CWD), a real estate asset management company listed on the U.S. Nasdaq, announced that its board of directors has formally approved a new Digital Asset Reserve Strategy (DAT Strategy). The company plans to allocate part of its reserve funds to purchase LINK tokens and generate returns through staking and other methods.
Caliber has also established a Cryptocurrency Advisory Board (CCAB) to guide the company's digital asset strategy. The company believes that holding LINK as a reserve asset not only offers long-term appreciation potential but also enables leveraging Chainlink's blockchain oracle network technology to improve business processes such as asset valuation and fund management. The company will acquire LINK tokens through existing credit facilities, cash reserves, and issuance of equity securities.
