The Optimism Foundation sold $89 million worth of OP tokens to an unknown investor
Last September, the project also conducted a private transaction, selling 116 million coins
The NGO Optimism Foundation will privately sell 19.5 million OP management tokens worth over $89 million to an unknown investor at the current exchange rate. The terms of sale were also not disclosed, but it is known that the coins will be blocked for two years, while the buyer will be able to delegate them to unaffiliated third parties to participate in voting on the development of the project.
The team claims that these tokens are taken from the part of the OP Treasury that was not intended for any specific purposes. These coins are part of the initial operating budget of the fund, which amounted to 30% of the initial volume of the OP's offer. The fund also warned that several large transactions related to this private sale will be made in the coming days.
Some members of the crypto community criticized the fund for an opaque deal in private. At the same time, this is not the first time Optimism has made such a deal. So, in September last year, the fund privately sold 116 million OP worth over $ 160 million.
