The Board of Directors of Safello Authorizes the Management To Increase Safello’s Holdings in Cryptocurrencies
The board of directors of Safello Group AB (the “Company” or “Safello”) today, 25 August 2021, resolved to authorize Safello's management to increase the Company's holdings in cryptocurrencies beyond what is strictly necessary from an operational point of view. The mandate allows for up to SEK 10 million to be held in cryptocurrencies. The mandate will be reviewed by the board of directors on a regular basis.Increasing Safello’s exposure to cryptocurrencies will optimize balance sheet liquidity and by extension give Safello’s shareholders increased exposure to the asset class. As a