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12 May 2021

American university appropriates $4 million for staking 3 cryptocurrencies

American university appropriates $4 million for staking 3 cryptocurrencies


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The University ofWyoming, one of the oldest and largest schools in thestate of Wyoming, U.S., has appropriated over $4 million towards staking ‘no less than’ three cryptocurrencies, an official document showed.

As per the filing, the so-termed ‘University Staking Program’ has appropriated $4 million for strategic investments and projects account to the University of Wyoming to operate and maintain nodes and staking pools for not less than three publicly tradable cryptocurrencies.

The university shall provide public access to the staking pools and nodes and facilitate the operation of theblockchains,” noted the release.

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