According to TechFlow, the Web3 mobile ecosystem MVL Blockchain announced the implementation of its first buyback and recirculation plan. The funds for this plan come from the profits of the mobile business, with a total scale of seven figures in US dollars. The buyback plan will be carried out on MVL listing exchanges around the world and will last for 50 days, from December 12, 2023 to January 31, 2024.
Earlier news, MVL Blockchain announced that it has signed a strategic cooperation agreement with DWF Labs. The cooperation aims to provide Web3 integration and onboarding processes for users in the Southeast Asian mobile industry, focusing on the widespread adoption of MVL tokens. It is reported that MVL Blockchain is a Web3 mobile ecosystem that covers ride-sharing services, energy infrastructure, and vehicle production and sales.
