iExec Announces Strategic RLC Token Buyback to Strengthen Ecosystem (18 Mar)

Paris, France, March 18th, 2025, Chainwire

iExec, the platform serving as the trust layer for DePIN and AI, has announced a strategic RLC token buyback initiative aimed at strengthening the iExec ecosystem and reinforcing the long-term utility of the RLC token.

The buyback of RLC tokens is designed to support the continued growth of the iExec ecosystem and the broader adoption of RLC:

It facilitates:

• Strengthening the RLC ecosystem
• Driving sustainable growth in trending sectors
• Amplifying RLC token utility
• Increasing circulation within the iExec protocol
• Expanding real-world applications and value
• Supporting new token incentive programs
• Funding opportunities for builders & rewarding ecosystem participants

Strategic Allocation

The RLC tokens will be allocated as follows:

• 40% Development, Support, and Investment – Fueling the next wave of iExec adoption
• 30% Strategic Treasury – Ensuring flexibility for partnerships and growth initiative
• 30% Liquidity Provision – Enhancing DEX and CEX liquidity for efficient trading

“This buyback isn’t about hype, it’s about conviction. We’re reinforcing RLC’s role in the ecosystem and backing the builders shaping the future of decentralized computing,” Nathan Chiron, CRO of iExec said.

By buying back RLC from the market and reinjecting it into the protocol, iExec aims to reinforce the long-term utility, sustainability, and circulation of the token, supporting its long-term vision for the ecosystem.

About iExec:

iExec is the trust layer for DePIN and AI. iExec enables confidential computing and trusted off-chain execution, powered by a decentralized TEE-based CPU and GPU infrastructure. Developers access developer tools and computing resources to build and monetize privacy-preserving applications across AI, DeFi, RWA, big data and more. The iExec ecosystem allows any participant to control, protect, and monetize their digital assets ranging from - computing power, personal data, and code, to AI models - all via the iExec RLC token, driving an asset-based token economy.

Contact

Disclaimer. This is a paid press release. CoinMarketCap does not recommend that any cryptocurrency (bitcoin, ethereum, custom asset) should be bought, sold or held. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.