$90 Million Investment in Ethereum Project from Giant Company - Koin Bulletin

Major investment firm a16z has purchased tens of millions of dollars worth of cryptocurrency from Optimism.

According to the allegations, a16z purchased OP tokens worth $90 million from Optimism. This shows the company's confidence in Layer 2 projects in Ethereum.

The company will have to wait two years before it can use all of these tokens freely. In such deals, the tokens are usually sold at a discounted price.

On March 7, the Optimism Foundation announced that it had sold almost 19.5 million tokens worth around $90 million. In a post at the time, the Optimism Foundation said, "Since this is a private sale, the terms of the agreement and the buying party will not be disclosed." *Said.

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