On September 21st, Ronin officially announced that its treasury (Ronin Treasury) will start repurchasing RON tokens in the open market on September 29th. The treasury currently holds more than 5 million US dollars in assets, including 890 ETH and 650,000 USDC, which will be exchanged for RON this time, accounting for about 1.3% of the current RON circulating supply.
Ronin said the move was aimed at reducing market liquidity, increasing national inventories, and forming a stronger bond with ecological builders and coin holders. Officials stressed that the treasury only conducts one-way repurchases and will not sell RON.
Ronin Treasury will launch RON buyback on September 29, accounting for about 1.3% of liquidity.
2025-09-21 11:35:54
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