Pavlo Kot

Max Kordek: Onchain Foundation completes buyback of 9,854,400 LSK tokens

Max Kordek: Onchain Foundation completes buyback of 9,854,400 LSK tokens
Onchain Foundation completes LSK token buyback

Max Kordek, co-founder & CEO at Lisk, reports that Onchain Foundation has completed its previously announced buyback of LSK tokens.

According to Kordek, the total amount acquired in the buyback is 9,854,400 LSK tokens.

Earlier this year, Max Kordek announced that Lisk would eliminate 100 million LSK tokens and close its DAO. He later confirmed that Lisk would shift its strategy toward supporting global stablecoin operations. Both moves followed community decision-making as Lisk transitioned its platform focus.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.