By https://coinpedia.org/ on October 24, 2025
The post Covalent Launches Strategic Reserve with Major CXT Buybacks appeared first on Coinpedia Fintech News Covalent has unveiled the Covalent Strategic Reserve, a long-term fund powered by both onchain and offchain revenue, including regular CXT token buybacks. The reserve plans to accumulate around 10% of the total CXT supply and will require community governance for any spending. In 2025, Covalent repurchased over 17 million CXT through revenue-backed buybacks and removed …