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The Cartesi Foundation announced a $500,000 CTSI token buyback program

2025-04-09 04:43:26

CTSI0.86%

Odaily News Cartesi Foundation recently announced a strategic buyback of no less than 500,000 USD in CTSI Tokens on the open market. According to the announcement, the buyback plan will adopt a gradual implementation strategy, and the foundation will flexibly adjust the purchasing rhythm based on market conditions. All repurchased Tokens will be included in the foundation for long-term holding management.
As a modular blockchain protocol, Cartesi provides developers with a complete Linux environment and high-performance Rollup technology, aimed at supporting the next generation of decentralized applications. By integrating Linux, the Cartesi virtual machine enables developers to leverage programming languages, tools, and code libraries that have been tested in real-world scenarios for decades to build DApps. Cartesi provides each DApp with an independent Rollup layer and dedicated computing resources, enhancing computational scalability while ensuring that decentralization, security, and censorship resistance are not compromised.

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