Ontology Foundation had total assets of approximately US $ 258 million as of the end of the first quarter and repurchased 2.44 million ONTs

Ontology Foundation released the financial report for the first quarter of 2020. According to the report, from December 2019 to March 2020, Ontology Foundation issued a total of 3,333,333 ONG as a node pledge reward. In terms of investment, a total of 598,005 USDT is used for investment, and 2,446,051 ONT and 250,000 USDT are used for repurchase. As of the first quarter of 2020, Ontology Foundation’s total assets were 258,251,842 USD, including 16 assets including ONT equivalent to 184,469,961 USD, and deposits and fund assets of 57,112,364 USD.