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0 0 -0.00960219478738001 -0.0109739368998628 0 0.0356652949245541 0.0260631001371741 0.0260631001371741
Stock impact report

Injective, Tron, and Avalanche Foundations Pump Hundreds of Millions Into Treasury Firms [Yahoo! Finance]

Tron Inc. (TRON) 
Company Research Source: Yahoo! Finance
The Avalanche Foundation, the Injective Foundation, and TRON DAO are investing hundreds of millions of dollars in crypto treasury companies. | Credit: Kevin Carter/Getty Images Key Takeaways Blockchain foundations are directing hundreds of millions of dollars to crypto treasury companies. Supporters of the concept include the Avalanche Foundation, the Injective Foundation, and TRON DAO. Emerging treasury plays plug public market capital into crypto ecosystems. In a bid to boost demand for tokens, blockchain foundations are increasingly throwing their weight behind crypto treasury companies The Avalanche Foundation, the Injective Foundation, and TRON DAO are among those that are spending hundreds of millions of dollars to buy their own tokens. From Token Buybacks to Crypto Treasuries Buybacks have long been used by crypto projects to remove tokens from circulation, either locking them up or burning them to prop up the asset's price. In recent months, however, blockch Show less Read more
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