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Graph Blockchain (CSE:GBLC) subsidiary  participates in initial DEX offerings
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  • Graph Blockchain (GBLC) subsidiary Beyond the Moon has participated in its first initial decentralized exchange (DEX) offerings (IDO)
  • Beyond the Moon completed its first IDO on the Poolz Finance launchpad with Bunicorn DEX and exited its position with a 400 per cent gain
  • The company participated in two additional IDOs and will issue a statement upon exiting its positions
  • Beyond the Moon manages all aspects of investing in crypto launchpad opportunities
  • Graph Blockchain provides shareholders with exposure to various areas of decentralized finance, including altcoins and NFTs
  • Graph Blockchain (GBLC) is up by 10 per cent and is currently trading at $0.055 per share

Graph Blockchain (GBLC) subsidiary Beyond the Moon has participated in its first initial decentralized exchange (DEX) offerings (IDO).

Beyond the Moon completed its first IDO on the Poolz Finance launchpad with Bunicorn DEX.

Poolz is a decentralized IDO platform enabling projects to raise funds through cross-chain token pools and auctions before listing.

Bunicorn is an automated market-making decentralized exchange built on the Binance Smart Chain. The exchange benefits from the strengths of Binance Smart Chain with the additional advantages of low gas fees and quick transactions.

The Bunicorn IDO price was $0.03 with the company selling its position around the $0.12 mark.

Beyond the Moon participated in two additional IDOs that have increased in value since acquisition. The company will share further details once it exits its positions.

Paul Haber, CEO of Graph Blockchain, commented,

"Despite the recent turn down in the crypto market, we are still seeing strong gains and opportunities for our shareholders in IDOs. The strategic acquisition of BTM and diversification by Graph will greatly benefit our shareholders."

Beyond the Moon manages all aspects of investing in crypto launchpad opportunities.

Graph Blockchain provides shareholders with exposure to various areas of decentralized finance, including altcoins and NFTs.

Graph Blockchain (GBLC) is up by 10 per cent and is currently trading at $0.055 per share as of 2:22 pm ET.

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