The Optimism Foundation has initiated a private sale of approximately 19.5 million of its governance tokens, OP, to an undisclosed buyer for nearly $90 million, with some reports stating the value at over $89 million. This sale, part of the Foundation's original working budget, allocates 30% of the initial OP token supply for such purposes. The tokens sold, valued at over $90 million, will be subject to a two-year lock-up period. This strategic move is part of the Foundation's efforts to manage its resources and support its operational goals.
#BreakingNews #Optimism Foundation Executes $89 Million $OP Private Token Transaction https://t.co/rWztPvy6jS
OPTIMISM FOUNDATION LAUNCHES OP GOVERNANCE TOKEN SALE, VALUED OVER $90 MILLION IN PRIVATE OFFERING - The Optimism Foundation has commenced the private sale of 19.5 million governance tokens ($OP), amounting to a staggering $90 million in total value. - The governance tokens… https://t.co/ieIbLVLiNt https://t.co/ZaOIBBejPQ
OPTIMISM FOUNDATION LAUNCHES $OP GOVERNANCE TOKEN SALE, VALUED OVER $90 MILLION IN PRIVATE OFFERING - The Optimism Foundation has commenced the private sale of 19.5 million governance tokens ($OP), amounting to a staggering $90 million in total value. - The governance tokens… https://t.co/rxhbkxX66v https://t.co/ZaOIBBejPQ
.@optimism Foundation said on Friday that it had entered into a private token sale of approximately 19.5 million OP tokens, worth nearly $90 million at current prices, to an undisclosed buyer. By @shauryamalwa https://t.co/734KeYtYGR
Optimism Foundation decided to sell 19.5 million OP tokens, which are part of its 'original working budget of 30% of the initial OP token supply' https://t.co/n8gp62YBiM
UPDATE: THE OPTIMISM FOUNDATION LAUNCHES THE SALE OF 19.5 MILLION GOVERNANCE TOKENS, $OP, TO PRIVATE INVESTORS, TOTALING OVER $90 MILLION IN VALUE
The Optimism Foundation said it has begun selling approximately 19.5 million governance tokens OP to private individuals, which is worth more than $89 million. These tokens will have a two-year lock-up period and are part of the Foundation’s original working budget, accounting…
Optimism Foundation to sell $89 million worth of OP tokens in private sale to unknown buyer https://t.co/d5qCrs2BEa
✨ All #Optimism $OP token holders are currently 'in the money,' with the token reaching a new high of $4.51 early Tuesday. This indicates unrealized gains for all addresses as market rates soar above acquisition costs, according to @intotheblock https://t.co/z5w4JVP2Hv