Kaito AI Founder: Strategic Acquisition of KAITO is to Benefit Token Holders
ChainCatcher news, Kaito AI founder Yu Hu posted on the X platform: "A liquidity fund investor asked me why, in such a high-speed growth phase, we would strategically acquire KAITO. After all, any conventional buyback plan in the stock market means you will exhaust other growth means. For me, the reason is simple— the biggest issue with most tokens in the crypto space is coordination/governance. Regardless of the growth stage, if the success of the network does not benefit the token holders, then why would anyone be willing to risk their capital investing in you? Frankly, this applies not only to the strategic KAITO reserves; in fact, it applies to everything we do at Kaito."