Travala Launches Permanent AVA Strategic Reserve, Doubles Monthly Open-Market Buybacks

Singapore, Singapore, September 23rd, 2026, Chainwire More travel bookings → more member givebacks → more open-market AVA buybacks → more AVA permanently locked. A new matching structure doubles monthly open-market buyback volume, building a reserve Travala has committed never to sell or transfer. Travala, the leading crypto-native travel booking platform, and the AVA Foundation today announced a new matching buyback structure for the AVA token. The initiative introduces a new Travala-funded buyback operating independently and in addition to the AVA Foundation’s existing rewards-replenishment buyback, doubling monthly open-market buyback volume. The matched AVA will be transferred to a Strategic Reserve that Travala has committed never to sell or transfer. Each month, the AVA Foundation replenishes the prior month’s AVA givebacks by repurchasing the exact quantity of AVA distributed to AVA Smart Program members on the open market, token for token, and transferring those tokens back into the Ecosystem Incentives Wallet, an established pillar of the AVA rewards model. To date, a total of 4,824,722 AVA has been repurchased through historical buybacks to replenish AVA rewards distributed to AVA Smart members. Starting now, Travala will independently match that same amount every month, buying back an equal quantity of AVA on the open market and transferring it to the new Travala AVA Strategic Reserve Wallet, secured through multi-signature custody. Travala has committed that AVA held in the Reserve will never be sold or transferred out. Both buybacks are separately verifiable on-chain. Together, the two mechanisms double monthly open-market buyback volume to 2x the volume of AVA Smart member givebacks, up from 1x previously. While the Foundation’s buyback replenishes the rewards pool, Travala’s matching buyback permanently removes the matched amount from circulating supply under Travala’s commitment never to sell or transfer the tokens. The inaugural Travala Monthly AVA Buyback has already been completed. Following the AVA Foundation’s September buyback of 369,881.04 AVA for August AVA Smart member givebacks, Travala independently matched the amount with an additional 369,881.04 AVA open-market buyback. Together, the two buybacks resulted in 739,762.08 AVA being repurchased from the open market, with Travala’s 369,881.04 AVA allocation transferred to the new AVA Strategic Reserve Wallet, where it will remain permanently outside circulating supply under Travala’s commitment never to sell or transfer the tokens. The Reserve is publicly verifiable on-chain at 0x7bed1889c21d9eb3560463c14cd74fe29f2d03b6. “AVA is at the center of everything we’re building at Travala,” said Juan Otero, CEO of Travala. “It’s how our community is rewarded and how they engage with the platform every day.