Express

Conflux Foundation Explores CFX Treasury Collaboration with Listed Companies, Proposing Lock-up Period of At Least 4 Years

Summary: According to reports, Conflux officially announced the 'Conflux Ecosystem Fund Authorization Notice,' proposing to authorize the ecosystem fund to seek collaboration with listed companies (including those listed on capital markets in Hong Kong or the United States) to explore strategic cooperation possibilities in the areas of Digital Asset Treasury (DAT) and ecosystem development (POS node ...

According to reports, Conflux officially announced the 'Conflux Ecosystem Fund Authorization Notice,' proposing to authorize the ecosystem fund to seek collaboration with listed companies (including those listed on capital markets in Hong Kong or the United States) to explore strategic cooperation possibilities in the areas of Digital Asset Treasury (DAT) and ecosystem development (POS node operation, on-chain liquidity, RWA asset management). The CFX tokens injected into the listed company's digital asset treasury will have a lock-up period of at least 4 years. The foundation plans to initiate a community governance vote on this matter soon, and will release a voting announcement at that time.

Last Update:

Tags:
Link: Conflux Foundation Explores CFX Treasury Collaboration with Listed Companies, Proposing Lock-up Period of At Least 4 Years   [Copy]
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 2 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 6 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 9 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 13 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 15 days ago
  • You need to login to comment.