Market Analysis

Optimism Foundation’s $157 Million Token Sale: A Strategic Move for Treasury Management

According to an announcement on the Optimism (OP) website, the foundation behind the layer2 blockchain Optimism recently conducted a significant token sale, generating $157 million in revenue by selling 116 million OP tokens to seven distinct purchasers. This token sale was a planned and deliberate event. The foundation characterized this token sale as a private […]