The Optimism Foundation agrees to provide Kraken with 25 million OP tokens in funding

The Optimism Foundation has agreed to provide Kraken with a grant of 25 million OP tokens, a deal that was finalized around January or February this year. This paves the way for Kraken's use of Optimism's OP Stack. Last week, Kraken announced it will build a second-layer network, Ink, on top of the Optimism's OP Stack blockchain framework. Reportedly, these tokens were worth about $100 million when the deal was made earlier this year and are now valued at approximately $42.5 million.