Safello

Stockholm, 28 May 2025 | Safello, the leading cryptocurrency exchange in the Nordics, today announces a fourth reallocation of its crypto treasury, further increasing exposure to TAO, the native token of the decentralized AI protocol Bittensor.

On 28 May 2025, Safello sold approximately 75 ETH at an average price of 2,328 EUR per ETH, and purchased around 447 TAO at an average price of 392 EUR per TAO.

This follows Safello’s initial TAO acquisitions on 8, 14, 20 and 21 May 2025 and is part of a longer-term dollar cost averaging strategy. Safello’s crypto treasury now consists of 8 BTC and 1145 TAO.

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For more information, please contact
David Leeb, Chief Marketing Officer, at press@safello.com

Certified Adviser
Amudova AB is Safello’s certified adviser.

Safello is the leading cryptocurrency exchange in the Nordics, with over 404,000 users. The company is empowering financial independence by making crypto accessible to everyone. Safello offers a secure and easy solution for buying, selling, storing, as well as depositing and withdrawing cryptocurrencies directly from the blockchain – ensuring seamless transactions at industry-leading speeds. Operating in Sweden, Safello has been registered as a financial institution with Finansinspektionen (Swedish Financial Supervisory Authority) since 2013 and is listed at Nasdaq First North Growth Market since 2021. For more information visit www.safello.com.