Gnosis price jumps 20% after Thanefield Capital makes $30 million token buyback offer
Golden Finance reported that crypto fund Thanefield Capital proposed a buyback plan for Gnosis DAO’s native tokens. The proposal aims to deploy $30 million for regular token buybacks within six months. Gnosis co-founder Martin Köppelmann supported the proposal but warned that buybacks should be tied to growth plans. Since the proposal went online, the price of Gnosis has increased by more than 20%, reaching a maximum of $320 and currently trading at $308.
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
BNB Treasury company CEA Industries appoints digital asset expert Annemarie Tierney as director
Turkmenistan passes crypto asset regulation bill, to take effect on January 1 next year
CME: BrokerTec U.S. active markets have resumed trading
CME: All markets remain suspended except for the BrokerTec EU market
Trending news
MoreCrypto prices
More
