For immediate release
UTECH Announces 50% Burn of Total Supply (to be completed by May 5, 2026)
The UTECH Foundation confirms a one-time burn of 50% of the total UTECH token supply. The burn will be executed on or before May 5, 2026 using only tokens from company-controlled wallets (foundation, founders, management, and development pools).
This move is designed to tighten tokenomics, significantly increase scarcity, and support long-term value creation for holders and investors.