SOON Foundation Deposits Allocated SOON Tokens into an Exchange Custody
Foresight News reports that the SOON Foundation will, within two days, deposit its allocated SOON tokens (accounting for 6% of the total SOON token supply) into the custody of a regulated, institutional-grade custodian at a certain exchange to securely safeguard treasury assets. The custodied SOON tokens will be subject to strict restrictions, prohibiting any transfers, and will be locked with a 12-month “cliff” vesting period followed by a 36-month “linear” vesting schedule.
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