🚨VLAD HINTS AT SHIFTING LIT UNLOCKS TO NEW STRATEGIC INVESTORS! During Lighter’s Q3 Investor Update call, founder Vlad Novakovski addressed the upcoming unlocks. No cliff. Linear release of ~500M ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 over 36 months starting late January, taking circulating supply from ~250M toward 750M by end of 2029. He noted the team is actively speaking with the existing cap table and using the window to onboard strategic investors. Traders are reading this as a signal that holders looking to exit could transfer tokens to new long-term partners under fresh lock schedules rather than hit the open market.
Crypto BanterShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.