Optimism Foundation to sell $89 million worth of OP tokens in | Trade Crypto Now

Optimism Foundation to sell $89 million worth of OP tokens in private sale to unknown buyer

Optimism Foundation, which supports the Ethereum Layer 2 project Optimism, said it is privately selling approximately 19.5 million governance tokens — valued at over $89 million at current prices. The tokens will be subject to a lockup period of two years, according to an official announcement, but the purchaser will still be able to delegate tokens to unaffiliated third parties for governance votes. "Optimism has entered into a private token sale of approximately 19.5M OP tokens,".

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