PANews reported on September 10 that according to Businesswire, Pete Holst, president and CEO of digital asset finance company Oblong, Inc. (Nasdaq: OBLG), sent a letter to Oblong shareholders, disclosing that three months ago the company raised $7 million and invested all of it in purchasing TAO. As of now, the company holds more than 21,700 TAO tokens, all of which have been pledged in the network.