Astra Nova Confirms $2.65 Million Buyback of RVV Tokens

Astra Nova Confirms $2.65 Million Buyback of RVV Tokens

Astra Nova executed a buyback of over 660 million RVV tokens via exchanges and on-chain liquidity, locking them for six months to mitigate short-term supply pressures.

KCS

Summary

Astra Nova confirmed the repurchase of 660 million RVV tokens, valued at roughly $2.65 million, through centralized exchanges and on-chain liquidity sources. The acquired tokens were placed in a publicly accessible buyback wallet and locked for six months to prevent immediate market supply increases. This move follows prior significant wallet activity, including transfers of $870,000 in RVV to KuCoin and MEXC in December 2025, and marks a shift toward strategic token supply management.

Terms & Concepts
  • RVV: A cryptocurrency token associated with the Astra Nova project.