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Graph Blockchain (CSE:GBLC) details altcoin purchase and staking strategy

Cryptocurrency
CSE:GBLC
10 March 2021 10:30 (EDT)
crytocurrencies

Graph Blockchain (GBLC) shares details of its altcoin purchase and staking strategy.

The company will purchase and stake two altocoins, Cardano (ADA) and Polkadot (DOT), through its wholly owned Babbage Mining subsidiary.

Graph believes Cardano and Polkadot are pivotal to the cryptocurrency ecosystem. Both have top-tier development teams, funding and community support, and show enormous potential for a significant increase in user adoption, market share and asset value.

The company will provide detailed educational materials for both projects over the coming weeks.

Graph Blockchain provides high-performance blockchain solutions including data analysis, consulting services and data implementation.

Graph Blockchain (GBLC) is up 13.46 per cent and is currently trading at C$0.295 per share as of 9:36 am EST.

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