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TechFlow News — Cryptocurrency lending platform Nexo plans to repurchase $50 million worth of NEXO tokens over the next six months, following its previous buyback of $100 million in NEXO tokens between November 2021 and May 2022. The repurchased tokens will be sent to the company's on-chain investor protection reserve and released over 12 months, after which they will be used for interest payments on the platform or for strategic investments.Original link
Cryptocurrency lending platform Nexo plans to repurchase $50 million worth of NEXO tokens over the next six months, following its previous repurchase of $100 million in NEXO tokens between November 2021 and May 2022. The repurchased tokens will be sent to the company's on-chain investor protection reserve and released over 12 months, after which they will be used for interest payments on the platform or for strategic investments.
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