Gnosis price up 20% after Thanefield Capital offers $30 million token buyback
2024-05-20 19:56:42
Crypto fund Thanefield Capital has proposed a buyback program for Gnosis DAO native tokens, a proposal to deploy $30 million for periodic token buybacks over a six-month period.
Gnosis co-founder Martin Köppelmann supported the proposal, but cautioned that buybacks should be tied to growth plans.
Since the proposal went live, the price of Gnosis has risen by more than 20%, reaching a peak of $320 and now trading at $308.
Gnosis co-founder Martin Köppelmann supported the proposal, but cautioned that buybacks should be tied to growth plans.
Since the proposal went live, the price of Gnosis has risen by more than 20%, reaching a peak of $320 and now trading at $308.
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