PANews reported on February 1 that, according to Lookonchain monitoring, Venice.ai founder Erik Voorhees created two new wallets and spent 1.72 million USDT to PANews reported on February 1 that, according to Lookonchain monitoring, Venice.ai founder Erik Voorhees created two new wallets and spent 1.72 million USDT to

The founder of Venice spent 1.72 million USDT to buy 355 XAUT at an average price of $4,842.

2026/02/01 17:54
1 min read
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News Brief
According to monitoring data from Lookonchain on February 1, Venice.ai founder Erik Voorhees created two new wallets and invested 1.72 million USDT to acquire 355.00 XAUT tokens at roughly $4,842.00 each. This strategic move, analysts believe, demonstrates Voorhees' substantial commitment to the gold-backed token market. Overall, the transaction signals growing institutional interest in precious metal-backed digital assets through these freshly established accounts.

PANews reported on February 1 that, according to Lookonchain monitoring, Venice.ai founder Erik Voorhees created two new wallets and spent 1.72 million USDT to buy 355 XAUT, with an average purchase price of $4,842.

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