By prioritizing its market relevance with Bitcoin’s Lightning Network integration that allows users to send and receive crypto for everyday purchases.
In a market where Web3 native platforms are reducing staff and freezing hiring, institutions are picking up the slack.
Though comparatively minuscule compared to its overall holdings, the buy is the first since the firm dumped over $75 million USD of COIN in July.
As Sam Bankman-Fried announces a one-time contribution of $6M USD to victims of an attack that affected FTX user accounts.
But is another marketplace really needed or is it just hype?