TechFlow news, on November 21, NASDAQ-listed AVAX One announced that its board of directors has approved a one-year stock repurchase program with a maximum amount of up to $40 million. CEO Jolie Kahn stated that the repurchase at current price levels represents an efficient use of capital and demonstrates confidence in the company's long-term strategy and market value. AVAX One focuses on connecting the Avalanche ecosystem with traditional finance, dedicated to building digital asset vaults and advancing DeFi innovation.
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