TechFlow news, on September 21, Ronin officially announced that its treasury (Ronin Treasury) will begin repurchasing RON tokens in the open market starting September 29. The treasury currently holds over $5 million in assets, including 890 ETH and 650,000 USDC, all of which will be exchanged for RON, accounting for approximately 1.3% of the current circulating supply of RON. Ronin stated that this move aims to reduce market circulation, increase treasury holdings, and strengthen alignment with ecosystem builders and token holders. The official emphasized that the treasury will only conduct one-way buybacks and will not sell RON.
Add to Favorites
Share to Social Media
