AUTOfinance announces $2 million buyback plan ahead of 1:1 TOKE to AUTO migration
ChainCatcher news, AUTOfinance (formerly Tokemak) announced the launch of a buyback program before proceeding with the 1:1 migration from TOKE to AUTO, utilizing $2 million in treasury funds for the buyback.
According to the official statement, this buyback amount exceeds 10% of the current FDV, and its treasury holds approximately $21 million in liquid assets excluding TOKE.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
African stablecoin payment infrastructure Ezeebit completes $2.05 million seed funding round
A trader lost approximately $17,400 by rushing to buy DOYR tokens.
ETH/BTC ratio breaks through 0.035, up 3.79% in 24 hours
SpaceX transfers 1,021 bitcoin to a new wallet, worth approximately $94.48 million
