The post Fenix International Invests in Ethereum as Crypto Interest Grows! appeared first on Coinpedia Fintech News
OnlyFans parent company, Fenix International, has invested some of its working capital in Ethereum. According to its 2022 accounting statement, this indicates that the company is becoming increasingly interested in cryptocurrency investments, following the trend among many tech companies. Ethereum is currently the second-largest cryptocurrency, with a market capitalization of over $420 billion. OnlyFans has been expanding its services by introducing pay-per-view shows and tipping, and it is unclear how its cryptocurrency investments will impact its user base and services.
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