Optimism Foundation $157M token sale impacts market, OP dips 3%

Ethereum-based (ETH) layer-2 network Optimism said it has entered into a private token sale of approximately 116 million OP tokens (worth $157 million) with seven purchasers, according to a Sept. 20 update on its governance platform. “Starting today, there will be several transactions totaling approximately 116M OP tokens,” Optimism Foundation wrote in a Sept. 21...

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