December 2, 2019, 7:41AM EST
• 3 min read

DigixGlobal proposes a full dissolution of DigixDAO's treasury holdings

Quick Take

  • DigixGlobal announces that it will introduce a quarterly dissolution mechanism that is expected to go live by 1Q20
  • This would give DGD token holders an opportunity to vote to fully liquidate the DigixDAO’s ETH treasury in exchange for all of the existing DGD tokens
  • DigixGlobal also noted that they would greatly reduce the needed voting requirements in order for the dissolution proposal to pass
  • As a result, DGD’s discount-to-NAV has been reduced from 60% last Monday to 40%

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