Animoca Brands Invests in DeFi Expansion with Aerodrome Token Purchase

Animoca Brands has taken a major step into the decentralized finance (DeFi) space by acquiring a substantial amount of Aerodrome’s AERO tokens. This move, which followed a 10% price increase for the token on the open market, marks a significant expansion for Animoca Brands in DeFi and signals growing interest from institutional investors in this sector. This acquisition directly benefits Aerodrome by increasing its asset liquidity on the Base network, potentially boosting the appeal of AERO as a governance token. }