CoinVoice recently learned that on August 8, stablecoin developer Reserve announced that it purchased 2.5 million CRV through over-the-counter transactions last week. The funds came from the previously announced $20 million planned investment.

CoinVoice previously reported that stablecoin developer Reserve announced in June that it would invest $20 million in the governance tokens of Curve (CRV), Convex (CVX) and Stake DAO (SDT). The investment aims to increase the liquidity of Reserve's stablecoin RTokens. It will also increase Reserve's voting rights in the governance systems of these protocols. [Original link]