Cartesi Foundation announces $500000 CTSI token repurchase plan

星球日报|Apr 09, 2025 04:43
Odaily Planet Daily News: The Cartesi Foundation recently announced that it will strategically repurchase no less than $500000 worth of CTSI tokens on the open market. According to the announcement, the repurchase plan will adopt a gradual execution strategy, and the foundation will flexibly adjust the purchase rhythm according to market conditions. All repurchased tokens will be included in the foundation's 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, Cartesi Virtual Machine enables developers to build DApps using programming languages, tools, and code libraries that have been tested in practice for decades. Cartesi provides independent Rollup layers and dedicated computing resources for each DApp, ensuring decentralization, security, and censorship resistance while improving computing scalability.
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