1inch

Token Unlockings: Optimism, 1inch, and Sui Tokens to be Unlocked Worth Millions

This week brings significant developments in the crypto space as several token unlockings are set to take place, providing fresh opportunities for investors and traders. According to TokenUnlocks, on May 31, 3.6% of Optimism tokens will be unlocked, with a staggering value of $258 million. This unlocking marks an important milestone for Optimism, a prominent layer 2 scaling solution for Ethereum. In addition to the Optimism unlockings, two other tokens will also become accessible this week. The 1inch token, a popular decentralized exchange (DEX) aggregator, will see tokens worth $101 million being unlocked. This release has the potential to impact

Investment Fund Rockaway Capital Invests $5M to 1Inch
Investment Fund Rockaway Capital Invests $5M to 1Inch

Investment fund Rockaway Capital has invested $5 million to 1Inch through its Rockaway Blockchain Fund. Rockaway invests heavily into DeFi projects to make it a $1 trillion market. Other DeFi platforms under Rockaway are Uniswap and SushiSwap. Prague-based investment fund Rockaway Capital has poured 100 million Czech koruna ($5 million) into decentralized exchange (DEX) aggregator 1Inch through its Rockaway Blockchain Fund (RBF). According to the investment fund, this is its largest investment into the DeFi space so far. Viktor Fischer, head of RBF, said: “The reason we have so much faith in 1Inch is simple. It’s a leader in the