According to Odaily Planet Daily, Ronin officially announced that its treasury will begin repurchasing RON tokens on the open market on September 29th. The treasury currently holds over $5 million in assets, including 890 ETH and 650,000 USDC, all of which will be converted into RON, representing approximately 1.3% of the current circulating supply of RON.

Ronin stated that this move aims to reduce market circulation, increase national reserves, and strengthen ties with ecosystem builders and coin holders. Officials emphasized that the national treasury will only conduct one-way repurchases and will not sell RON.