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Animoca Brands, a Hong Kong-based gaming software company and venture capital firm, announced that it will purchase additional EDU tokens on the open market.
Announcing the purchase of EDU from account X, Animoca Brands said:
“Animoca Brands is announcing today that it plans to purchase additional EDU tokens from the open market.
EDU is the governance and utility token used by Open Campus, the world's first Web3 education protocol and powered by Binance Labs, Sequoia China, Animoca Brands, and others.
Animoca Brands firmly supports the work of Open Campus and EDU Foundation; in particular, it supports the upcoming EDU, the first Layer 3 (L3) blockchain designed specifically to serve the global education industry, whose value is estimated to reach $8 trillion by 2030.”
After the news, Open Campus (EDU) price started to rise.
Animoca continues to support the future of education and has just announced its plan to acquire additional EDU tokens from the open market.$EDU will play a central role in establishing a new financial layer for the future of education on #EDUChain. https://t.co/6yyBrMav3d
— Open Campus (@opencampus_xyz) May 22, 2024
*This is not investment advice.