The approval of the vote to re-issue 70B CRO tokens enables the re-issuance of the tokens by Crypto.com, set to take effect on March 18, 2025.
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As the reissuance officially goes live tomorrow, Cronos’ tokenomics will undergo a major transformation."
Crypto.com is set to upgrade the Cronos blockchain, re-minting 70 billion CRO tokens. The newly minted supply will vest over five years and serve various purposes, including the potential creation of a CRO ETF (exchange-traded fund).
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Aftermath of the voting process for the re-issuance of 70B CRO tokens
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