Graph Blockchain Inc. – a blockchain development company that provides high performance blockchain solutions that include graphic data analysis and consulting services, implementation of data mining analysis through the use of graph databases and speed enhancements of blockchain control systems for businesses and government – is pleased to announce that through its wholly owned cryptocurrency subsidiary, Babbage Mining Corp. (“Babbage”), the Company has deployed additional capital of CAD $2 million.
The Company has allocated $1,500,000 of its staking capital with $1,000,000 into the Polkadot (“DOT Token”) and $500,000 into the Cardano (“ADA Token”) on April 5, 2021 to increase its position. The Company will have a further announcement on the deployment of the additional $500,000 on notification that the order has been executed. The Company anticipates additional information will be provided as the projects develop and progress through buying phases.
Paul Haber, CEO of Graph Blockchain Inc. commented, “The Babbage team has been closely reviewing different tokens and we are excited to announce these acquisitions today to further deploy the Company’s capital. As we expand the crypto portfolio, Graph’s value add will include the ability going forward to leverage the crypto acquisitions into building a diversified crypto enterprise within a public company.”.
