Arbitrum Co-Founders Confirm Substantial Token Lockup Ahead of Unlock Date

Arbitrum's co-founders have clarified that investors and team members hold approximately 7.7% of the total supply of ARB tokens, which will be fully unlocked by March next year.

The clarification comes as part of a recent update on the Arbitrum network, highlighting the remaining locked-up ARB tokens held by stakeholders.

According to the co-founders, this significant portion of the token supply is currently locked up, awaiting the scheduled unlock date in March 2024.