Ryde Group Invests in Crypto, Shares Plummet
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Ryde Group, a Singapore-based ride-sharing service, is diversifying its corporate reserves by investing in cryptocurrencies like Bitcoin, Ether, and Solana. The company plans to store the crypto with a third-party keeper, overseen by an investment committee and a risk team. This move comes as shares on the New York Stock Exchange American fell, and the crypto sector has seen value drops and low inflows.
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