Welcome back, $NGM stakeholders! Last week, e-Money released their quarterly Proof of Funds report from Ernst & Young. The report serves to ensure the fidelity and transparency of e-Money’s suite of stable coins.
After integrating Cosmos Hub, Osmosis, and Ethereum onto their network in 2021, e-Money aims to establish even more partnerships and DEX listings this year.
In the spirit of collaboration, e-Money has also announced their first partnership of 2022 with 11 Minutes NFT: A Germany-based series of blockchain games in which the goal is to earn the highest score within just 11 minutes.
By integrating European stable coins $EEUR, $ECHF, $ESEK, $ENOK, and $EDKK into the game series, e-Money intends to introduce their suite to the 11 Minutes NFT community in the stride towards the Next Generation of Money.
At this time, the staked value of $NGM sits at $79.9 million (https://www.stakingrewards.com/earn/e-money/). $NGM liquidity is at $3.5 million, with of a volume of $188,000 in a 24 period (https://info.osmosis.zone).