Kaito AI founder: Strategic acquisition of KAITO is to benefit token holders

Odaily News Yu Hu, founder of Kaito AI, wrote on the X platform: "A liquidity fund investor asked me why I strategically acquired KAITO at such a high growth stage. After all, any conventional buyback plan in the stock market means that you will exhaust other means of growth. For me, the reason is simple - the biggest problem for most tokens in the crypto field is coordination/governance. No matter what stage of growth, if the success of the network does not bring benefits to token holders, then why would anyone be willing to risk their capital on you? Frankly speaking, this applies not only to the strategic KAITO reserve, but actually to everything we do at Kaito."