Synaptogenix, a US listed company, has completed its first TAO token acquisition, appointed BitGo as the custodian, and started pledging to obtain profits

According to PRNewswire, US listed biotech company Synaptogenix (NASDAQ: SNPX) announced the completion of its first TAO token acquisition as part of its recently announced cryptocurrency treasury strategy focused on artificial intelligence and machine learning. The company has chosen BitGo, a digital asset infrastructure provider, to provide qualified custody, staking, and trading services for its TAO holdings. Synaptogenix Executive Chairman Joshua Silverman stated that under the guidance of James Altucher, the head of crypto TAO strategy, the company has purchased the leading crypto artificial intelligence token TAO and has begun pledging the token to generate revenue and capital appreciation. Synaptogenix has started generating revenue through TAO staking, with initial acquisition funds coming from the company's ample cash reserves.