TRON Foundation to Buyback TRX Worth up to $20M
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June 25, 2019
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The non-commercial organization the TRON Foundation has announced it plans to buyback TRX assets worth up to $20 million in order to promote community activity and market stability, states the official announcement.

TRON Foundation to Buyback TRX Worth up to $20M

The TRX holding of TRON Foundation will reportedly be unlocked on January 1, 2020. As the announcements states, the Foundation will continue to increase its TRX holding assets in the secondary market "to manifest our confidence in the development of the TRON ecosystem."

Earlier this year, Justin Sun, TRON founder and CEO, said that the TRON ecosystem will "officially collaborate" with Ethereum (ETH/USD) this year.

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