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The Optimism Foundation agrees to provide a grant of 25 million OP tokens to Kraken

Oct 29, 2024 22:53:07

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ChainCatcher news, according to CoinDesk, the Optimism Foundation has agreed to provide Kraken with a grant of 25 million OP tokens. This deal was finalized around January or February of this year and also paves the way for Kraken to use Optimism's OP Stack. These tokens were worth about $100 million when the deal was made earlier this year and are now valued at approximately $42.5 million.

It is reported that Kraken announced last week that it will build a layer two network called Ink on top of Optimism's OP Stack blockchain framework.

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