Cronos' proposal to reissue 70 billion CRO, reversing the 2021 token burn, aims to support institutional adoption, fund a CRO-based ETF, and accelerate AI-related initiatives

Claim

Quotes that support claims

Cronos developers argue that this aligns with Cronos’ long-term vision and supports its growth strategy. If approved, the total supply of CRO would return to 100 billion, with the tokens held in an escrow wallet
Funds will support institutional adoption, including a CRO ETF, TradFi projects, and AI-related initiatives.

Referenced by

Summary

Crypto news

Data block