07:25 May 13, 2022 Asset Manger GAM Holding in Talks with Terra with $3 Billion Potential Investment
Swiss asset manager GAM Holding has announced that it's negotiating with Terraform Labs to potentially support $UST. GAM said it could possibly invest between $2 billion and $3 billion to burn excess supply of $UST. GAM intends to help Terra re-establish the $UST peg back to $1.
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