Animoca Brands, a global leader in digital entertainment and blockchain gaming, has revealed its intention to purchase additional PROS tokens from the open market, signaling its support for the evolving strategic direction of Prosper. The announcement was made via the company’s official blog.
PROS is the utility token of Prosper, a platform that aims to bring institutional-grade Bitcoin mining power on-chain, offering exposure to the Bitcoin hashrate and broader ecosystem. The token has a current circulating market capitalization of $10 million USD.
Animoca Brands’ decision to invest further into PROS reflects its growing interest in the Bitcoin ecosystem and its commitment to supporting projects that bridge traditional financial infrastructure with decentralized blockchain technology. Prosper’s new approach seeks to unlock the full potential of Bitcoin, the world’s most decentralized cryptocurrency, by integrating Bitcoin mining capabilities into the decentralized finance (DeFi) landscape.
According to the blog post, Animoca Brands’ purchase is aligned with Prosper’s mission to drive more utility for the PROS token as it continues to innovate within the rapidly expanding cryptocurrency space.
