But there was a price: Both projects have confirmed to CoinDesk that the Optimism Foundation agreed to provide grants to Kraken in the amount of 25 million OP tokens – worth roughly $100 million earlier this year, when the deal was struck, and now valued at about $42.5 million.The deal, which was finalized around January or February, paved the way for Kraken to use Optimism’s OP Stack, a customizable toolkit that lets users create their own layer-2 rollups based on Optimism’s technology.
Kraken clarified with CoinDesk that under the deal, the token allocation would be paid to Kraken in grants over a time period. On Jan. 1 , the OP token was worth $3.99, according to CoinGecko, reaching a high of $4.06 on Feb. 20 during that time period. It now trades around $1.70.The Optimism Foundation confirmed the number of tokens involved in the deal and declined to comment further."According to Andrew Koller, founder of Ink, the number is similar to various other deals that are part of the Superchain ecosystem.“And it was actually Optimism that proposed that number first, and it was very in line with what other Superchain participants have gotten,” Koller told CoinDesk in an interview.
Optimism's growthLayer-2 networks have been popping up all over the Ethereum ecosystem over the past year. Crypto exchange Coinbase famously launched their Base layer-2 network in August of 2023 with OP Stack. Since then, decentralized exchange Uniswap shared that it would launch a layer-2 on OP Stack called Unichain, and electronics giant Sony shared it was also coming out with a layer-2 called Soneium based on Optimism’s technology.
AI pioneer Sam Altman’s blockchain project, World, known for its controversial iris-scanning orbs, went live with its layer-2 Worldchain in August, also built on OP Stack.“I think for some of the big partners that really sign in and do this, this massive commitment that, again, we are spending our money and resources to be able to contribute to the Superchain, of which is not something that, you know, we built, and we're technically making money on, you know, like the actual open source repos,” Kroller added.
According to Koller, the grant with OP Labs is based on transactions per month, “each time you achieve one, then there's different tranches that get unlocked, and there's an initial unlock, and then the rest gets unlocked at each month.”Base has a slightly different setup, being one of the first in the space under this program. Base disclosed in a blog post in August 2023 that it would receive up to 2.75% of the OP token supply over a six-year period. The total supply of OP tokens is currently close to 4.3 billion, which makes Base eligible to receive up to 118 million OP tokens.
For newer layer-2s in the Superchain, “it's just like a time-lock thing. And after them [Base], I think all Superchain participants are really driving that around activity,” Koller said.Paid dealsDeals between layer-2 projects and big firms are not unheard of in the blockchain industry. In 2022, Polygon paid Starbucks $4 million in grants to build an NFT-powered loyalty program. The program was shuttered 18 months later.
At the time of the Starbucks deal, Polygon was led by Ryan Wyatt, who was ousted in 2023, according to a CoinDesk report. Wyatt joined the Optimism Foundation in November 2023, where he is the chief growth officer, in charge of onboarding more developers to build across the Optimism ecosystem.“There's no blueprints of this stuff, so you're gonna make good decisions and bad decisions in this space. There's not a lot you can lend at,” Wyatt told CoinDesk in an interview this week, conducted before CoinDesk learned about the Kraken deal.
Read more: Kraken Picks Optimism for New Layer-2 Network, Joining Coinbase's Base on 'Superchain'Edited by Bradley Keoun.
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09.10.25 11:05
marcushenderson624
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09.10.25 11:05
marcushenderson624
Bitcoin Recovery Testimonial After falling victim to a cryptocurrency scam group, I lost $354,000 worth of USDT. I thought all hope was lost from the experience of losing my hard-earned money to scammers. I was devastated and believed there was no way to recover my funds. Fortunately, I started searching for help to recover my stolen funds and I came across a lot of testimonials online about Capital Crypto Recovery, an agent who helps in recovery of lost bitcoin funds, I contacted Capital Crypto Recover Service, and with their expertise, they successfully traced and recovered my stolen assets. Their team was professional, kept me updated throughout the process, and demonstrated a deep understanding of blockchain transactions and recovery protocols. They are trusted and very reliable with a 100% successful rate record Recovery bitcoin, I’m grateful for their help and highly recommend their services to anyone seeking assistance with lost crypto. Contact: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Email: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
09.10.25 11:05
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09.10.25 11:05
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11.10.25 04:41
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11.10.25 10:44
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12.10.25 01:12
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12.10.25 01:12
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12.10.25 21:36
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13.10.25 01:11
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elizabethrush89
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14.10.25 08:46
robertalfred175
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14.10.25 08:46
robertalfred175
CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
14.10.25 08:46
robertalfred175
CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
15.10.25 18:07
crypto
Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.
15.10.25 21:52
harristhomas7376
"In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
15.10.25 21:52
harristhomas7376
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17.10.25 20:17
tyleradams
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17.10.25 20:20
lindseyvonn
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17.10.25 20:22
richardcharles
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17.10.25 20:23
stevekalfman
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17.10.25 21:42
marcushenderson624
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17.10.25 21:42
marcushenderson624
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17.10.25 21:42
marcushenderson624
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