TAOWave sold $1.2M in TAO in first half to fund operations

Nasdaq-listed TAOWave (TWAV), formerly Oblong, sold 3,959.23 TAO worth $1.172 million in the first half to cover operating costs, CryptoSlate reported, citing a recent filing with the U.S. SEC. As of June 30, the company held 23,335.18 TAO worth about $4.7 million and had staked its entire holdings through BitGo and Kraken, according to the filing. The filing also said TAOWave may sell additional TAO from time to time as needed for corporate operations. TAO was trading at $199.97, down 3.35%, according to CoinMarketCap.