Treasury Balance Sheet Update: July 2023

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Welcome to the balance sheet update for July. We’ll keep it brief: The month was relatively stable with cash burn low and liquid tokens down slightly, in line with market conditions — Excluding PERC an approximate -1% change in the balance sheet.

Looking ahead we’ll be aiming to reverse this trend. Check out the Q2 wrap up for details on our pipeline for bringing new growth channels and PERC utility — It’s a big one.

Questions, comments?

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