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.
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