Announced on July 24, the acquisition involves roughly 43.45M TIA tokens valued at $82.2M, with tokens unlocking for new investors from August 16 to November 14, alongside upcoming unlock events for ARB, AVAX, and APT.
Celestia Foundation announced on July 24 that it spent $62.5M to acquire Polychain's remaining TIA tokens, totaling approximately 43.45M tokens valued at around $82.2M. The tokens will be transferred to new investors via a rolling unlock mechanism starting on August 16 and concluding on November 14, with major token unlock events for ARB, AVAX, and APT expected later this week.