XMG Capital has become a core validator node of dYdX Chain and acquired 600,000 DYDX tokens

According to Odaily Star Daily, XMG Capital, a blockchain investment institution under Molecular Group, announced that it has become one of the core validation nodes of dYdX Chain. Currently, XMG Capital has purchased nearly 600,000 DYDX tokens and plans to increase its holdings to 1 million within the year. XMG Capital CEO Jason Tso stated that he is optimistic about the long-term development prospects of DEX ecosystem. He believes that as blockchain technology matures and user demand for autonomous control of assets grows, DEX is expected to gradually increase its market share. XMG Capital will continue to focus on investment opportunities in the DEX track, contributing to the improvement and development of decentralized financial infrastructure.