Custodian company Anchorage, one of the partners of the digital currency project Facebook, will begin providing storage services for Gram tokens, the company’s president Diogo Monica said on a blog.
Announcing support for @Telegram TON Gram: @Anchorage Trust Company is the first Qualified Custodian that will support institutional custody for Gram at launch. We are proud to bring regulated, auditable custody to the TON ecosystem. https://t.co/Z0UEY6MMiS
– Anchorage (@Anchorage) October 7, 2019
The first qualified custodian to provide the Gram institutional storage service since the launch on October 31 will be the subsidiary Anchorage Trust, he said.
The co-founder of Anchorage recalled that in the course of two rounds of private token sale with the participation of institutional investors, Gram was sold for $ 1.7 billion. Now you can become the owner of tokens by buying on the secondary market or through TON Reserve.
“These two markets are designed to balance each other and stabilize both the price and the Gram offer, ” Monika emphasized.
TON Reserve will gradually increase the price of the new Gram, and it may differ from the value in the open market. It is expected that investors will turn to the best offer by adjusting the demand for new tokens and market quotes.
Institutional investors who have already acquired Gram or are planning to do this, Anchorage President suggested contacting the company to discuss the services offered.
Recall, the custodial service Anchorage launched earlier this year. In July, the company raised about $ 40 million in B-Series financing, and the total investment exceeded $ 57 million.
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