OnlyFans invested $20m in Ethereum in 2022

2023-8-28 12:51

In a recent filing, OnlyFans' revealed its Ethereum holdings which faced market turbulence as 2022 proved a bear market for the crypto realm.

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OnlyFans’ parent firm reveals its Ethereum (ETH) holdings amid surged revenue

OnlyFans’ parent company, Fenix International, revealed its crypto holdings in its latest financial filings, confirming that it purchased Ethereum worth $19. 9M between 2021 and 2022. Nonetheless, unwelcoming events such as Terra’s debacle and Celsius’s bankruptcy catalyzed the downside trend in the crypto market within the past twelve months.

2023-8-28 09:34