According to Odaily Planet Daily, Ronin stated in a post, "We have repurchased over 3.8 million RON, valued at approximately $1.47 million."

As previously reported on September 21st, the Ronin Treasury will begin purchasing RON from the open market on September 29th. The Ronin Treasury holds over $4.5 million in tokens, including 895 ETH and 650,000 USDC. Starting on September 29th, the Treasury will begin converting 100% of its ETH and USDC holdings into RON. At current prices, this represents approximately 1.3% of the current circulating supply.