The post Golem Raises Significant Funds and Initiates Ethereum Staking Tests appeared first on Coinpedia Fintech News
Golem has attracted attention with the large ETH transfers to crypto exchanges. In the last 37 days, approximately $115 million worth of 36,000 ETH was transferred to leading exchanges like Binance, Coinbase, and Bitfinex. Despite the large transfers, Golem still holds a reserve of 231,400 ETH, valued at approximately $656 million. Recently, Golem Network announced the start of Ethereum (ETH) staking tests. Allocating a small but significant portion of its reserves to this initiative, Golem aims to support future growth and development.
