Mogo Inc has initiated 25% interest in the NFT Trader platform through a convertible note and will be acquiring another 25% by direct purchase of NFT Trader shares in the secondary market from its founders.
Mogo, a financial technology company, announced a minority investment in Gemini on the 23rd of November.
The digital payments company said that its Ethereum investment is part of the company’s long-term strategy to gain exposure to digital assets. The company is willing to expose 5% of its cash reserve and investment portfolio to crypto.