GoldenTree Invests $5.3 Million Stake In SUSHI Token
GoldenTree, an asset management organization with over $47 billion in assets under control, has invested $5.3 million in SushiSwap’s governance token (SUSHI).
“We believe Sushi has incredible potential. Although the community has certainly been through some tough challenges, we’ve been amazed at the resilience of both the core team and the community in the face of these speed bumps, as you all have continued to build and release top-tier products.
To GoldenTree, Sushi represents the best of DeFi, both in origin and in community.”
The post included a link to an Ethereum address containing around 3 million SUSHI tokens. According to blockchain statistics, the tokens were added to the address 22 days ago.
Avi Felman and Joe Naggar co-lead GoldenChain Asset Management LP, GoldenTree’s crypto investment manager. Felman, who formerly worked at BlockTower Capital, was appointed as GoldenTree’s head of digital asset trading earlier this year.
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