In Brief
Scheduled Buyback: Ronin Treasury plans to start buying back RON tokens on September 29, converting all its ETH and USDC into RON.
Current Holdings: The Treasury’s assets exceed $4.5 million, comprised of cryptocurrencies collected from various revenue streams.
Impact on Supply: The planned conversion is projected to acquire about 1.3% of RON’s circulating supply, enhancing Treasury reserves and token holder alignment.
Strategic Financial Move by Ronin Treasury
Ronin, a key player in the blockchain sector, has announced a significant RON token buyback initiative set to commence on September 29. This move marks a pivotal shift in the network’s approach to treasury management. Accumulating over $4.5 million in assets through diverse channels such as Katana DEX fees, Ronin Market trading, Ronin Name Service registrations, and gas fees, the Treasury is now poised to reallocate its holdings primarily into RON tokens.
Currently, the composition of the Treasury’s assets includes approximately 890 ETH and 650,000 USDC, representing a vast majority of its reserves. Only about 12 percent of these assets are held in RON or WRON, the network’s proprietary tokens.
RON Buybacks: Unleashing the Ronin Treasury
— Ronin (@Ronin_Network) September 21, 2025
Ronin’s sleeping giant is waking up.
Over the past four years, the Ronin Treasury has accumulated a massive trove of tokens.
This silent stockpile has been growing in the shadows for too long.
We’re ready to unleash the beast.
On… pic.twitter.com/CLVSAkdDDH
Operational Details of the Buyback
The planned conversion of all ETH and USDC into RON will roughly pertain to 1.3% of the total circulating supply of RON, a strategic move aimed at reducing the number of tokens in circulation and potentially bolstering the token’s market value. The transactions will be executed on-chain, incorporating external market makers to ensure transparency and fairness, while also generating additional transaction fees for the Treasury.
Ronin outlined that this initiative is part of a broader strategy dubbed the “homecoming” to Ethereum, coinciding with increasing adoption of Web3 technologies and enhanced interest from institutional entities within the blockchain gaming arena.
Long-term Goals and Impact
“These buybacks will increase the amount of RON in the Treasury and reduce the circulating supply,” explained the Ronin team. “This strengthens alignment between token holders, builders, and the wider ecosystem as Ronin continues to grow as a full-fledged L2.”
The team also highlighted that this buyback program is intended as a one-directional effort—with the Treasury purchasing RON to hold, and not to sell or reissue. Coordination with network validators will ensure a structured buyback schedule, enhancing governance and adherence to planned objectives.
Separately, the Ronin team clarified that the Axie Infinity Treasury remains unaffected by this move. As of recent reports in August 2025, the Axie Infinity Treasury possesses around 23 million AXS, 2,600 ETH, 75,000 RON, and 6,500 USDC.


This is an interesting update on the Ronin Treasury’s buyback program. It’s great to see initiatives like this that can potentially benefit the community and the token’s value. Looking forward to seeing how it unfolds!
I agree, it’s encouraging to see the Ronin Treasury taking proactive steps with the buyback program. It could potentially boost investor confidence and stabilize the token’s value in the long run. I’m curious to see how this will impact the overall market dynamics for RON.
Absolutely, it’s a positive move for the community. It will be interesting to see how this buyback impacts the overall token value and investor confidence in the long run.
I agree, it definitely seems like a step in the right direction! It will also be fascinating to observe how the buyback impacts RON’s market value over time. The community’s response could play a significant role in shaping future initiatives as well.
Absolutely! It’s interesting to see how this buyback program could potentially impact the token’s value and investor confidence. The timing aligns well with the overall market trends, so it will be intriguing to watch how the community responds.
I agree! The buyback program might not only influence the token’s value but also enhance investor confidence in the long-term viability of RON. It’ll be fascinating to see how market reactions unfold after the initial buybacks begin.
That’s a great point! Additionally, the buyback program could potentially increase liquidity in the market, making it easier for investors to trade RON tokens. It’ll be interesting to see how this affects overall market sentiment as well.
You’re absolutely right! Increased liquidity can also enhance market stability, making it easier for investors to buy and sell RON tokens without significant price fluctuations. It’ll be interesting to see how this plays out in the coming weeks.