Ronin has successfully repurchased over 3.8 million RON tokens, valued at approximately $1.47 million, as part of its strategic treasury operations. This move follows Ronin's earlier announcement on September 21, detailing plans to acquire RON from the open market starting September 29. The treasury, which holds over $4.5 million in assets including 895 ETH and 650,000 USDC, is converting its entire ETH and USDC reserves into RON. This conversion represents about 1.3% of the current circulating supply of RON at prevailing market prices.