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Public company Allied Gaming & Entertainment announced its first investment in Bitcoin and Ethereum.
PANews September 12 news, according to Businesswire, global experience entertainment company Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) announced that as part of its corporate financial management strategy, the company has made an initial investment in Bitcoin and Ethereum. This move marks the company's first step towards incorporating Crypto Assets into its balance sheet and lays the groundwork for AGAE's broader Blockchain and RWA tokenization plans. However, the company did not disclose specific Holdings.