Ronin Network Starts $4.6M RON Token Buyback
Ronin Treasury initiates a $4.6 million RON buyback, impacting crypto markets.
- Ronin Network’s Treasury initiates a $4.6M RON buyback plan.
- Affects RON’s supply dynamics and market value.
- Potential liquidity shifts in Ronin’s DeFi ecosystem.
Ronin Treasury has announced a $4.6 million RON buyback starting September 29, 2025, converting ETH and USDC holdings, with all transactions executed on-chain.
This move by the Ronin Treasury reduces supply, potentially increasing RON’s market value, reflecting a strategic shift in token management and signaling confidence in RON’s future.
Ronin Treasury
Ronin Treasury announced a $4.6 million buyback of RON starting September 29, 2025. The initiative will convert all ETH and USDC holdings to RON, executed fully on-chain over one month.
The buyback involves Ronin Network founded by Sky Mavis, led by Trung Nguyen and Aleksander Leonard Larsen. The Treasury aims to reduce RON’s supply, directly benefiting holders, including Web3 gamers and NFT collectors.
“On September 29th, the Ronin Treasury will begin buying RON from the open market. This will benefit all RON holders from everyday Web3 gamers and NFT collectors to RON holders with conviction in our movement.”Ronin Network, Official Statement
Market Implications
The buyback may increase RON’s liquidity and market presence while impacting its circulating supply. ETH and USDC will be depleted in the Treasury, with no direct effect on BTC or unrelated altcoins.
Financial implications suggest possible short-term price support for RON, reflecting typical market responses to buybacks. Token purchases will be completed on the Ronin network using third-party market makers.
Strategic Goals
The ongoing reallocation of assets aligns with similar measures by other blockchain projects undertaking token buybacks. The Ronin Network’s decision remains unaffected by external regulatory bodies.
“The aggressive schedule reaffirms our strong belief that RON is undervalued and ready for a new growth phase. This is the first step towards achieving our strategic goal.”Ronin Network, Official Statement
Historical trends in buybacks could foster positive sentiment toward RON, potentially boosting its valuation. This move is considered the first step toward Ronin’s long-term objectives.
