NextGen Digital plans to raise $2 million through a private placement to increase its holdings of TAO tokens.
According to ChainCatcher, market sources report that Nasdaq-listed company NextGen Digital Platforms has announced it will issue up to 5,000,000 shares of common stock at a price of $0.4 per share, aiming to raise $2 million to support increasing its holdings of TAO tokens, and will generate revenue through staking.
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