Aztec Sells 5,020 ETH, Fully Offloading Last Year's 19,000 ETH from Public Sale

BlockBeats News, April 18th - According to ChainNews, with 9 hours ago the last 5020 ETH ($12.33 million) was transferred to Coinbase, all the ETH raised by the Ethereum privacy L2 project Aztec through public sale last year has now been cashed out.

It is reported that in December last year, the project team auctioned off 15% of AZTEC (1.5 billion tokens) and received 19,388.4 ETH ($59.13 million), with AZTEC's fundraising price being $0.0473 per token (now down 50%). When they had their Token Generation Event (TGE) in February this year, they took 4,234.6 ETH ($12.91 million) from the auction funds to provide liquidity. The remaining 15,154 ETH ($37 million) has been periodically transferred to Coinbase over the past 3 months, with the final 5020 ETH transferred to Coinbase early this morning.