Optimism, an Ethereum-focused layer-2 scaling solution, has sold approximately 19.5 million OP tokens, worth USD 89 million, in a private sale to an undisclosed buyer.
The sold tokens are from an unallocated portion of the OP Token treasury set aside for working capital and have a two-year vesting period.
The buyer can delegate the tokens to unaffiliated third parties for participation in governance decisions, giving the same benefits as an unvested holder.
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