Browser Maker Opera Seeks 160 Million CELO Stake to Become Key Network Stakeholder
Opera seeks 160 million CELO tokens to replace cash grants, aiming to deepen its partnership and become a major stakeholder aligned with Celo's ecosystem growth.
- On Thursday, March 19, 2026, browser company Opera and Celo Core announced a proposal to swap their cash-based deal for a 160 million CELO token allocation, pending community governance approval.
- Since launching in 2023, MiniPay has facilitated over 420 million transactions across more than 66 countries, reaching over 14 million account registrations on the Celo blockchain.
- The proposed grant represents 16% of the token's 1 billion maximum supply and about 27% of circulating supply, positioning Opera as a major stakeholder in the ecosystem.
- Voting power for the allocation is capped at 10% of total staked CELO, while more than 50 million Opera browser users are positioned to redeem earned rewards as USDT inside MiniPay.
- Opera and Celo Core will begin a roadshow next month in Vietnam and the Philippines to drive grassroots adoption and expand the Mini App ecosystem in Latin America and Southeast Asia.
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CELO Rebounds After 98% Crash As Opera’s 160M Allocation Advances
CELO is rebounding after a 98% crash as analysts identify a potential reversal zone. Market analyst Crypto Patel highlighted a high-risk accumulation range at current levels. TradingView data shows CELO trading near $0.08, far below its $5.21 peak. This place the asset in a deep discount zone with elevated risk-reward potential. Source: TradingView An Extended Period of Accumulation Crypto Patel explained that CELO has completed a “multi-year …
Opera Is Asking Celo for 160 Million Tokens and Wants to Become a Core Network Stakeholder Altcoin News ETHNews
Nasdaq-listed browser company Opera has submitted a proposal to the Celo governance forum requesting 160 million CELO tokens as part of a three-year commercial framework that would replace its existing cash-based partnership and give Opera a 27% share of circulating supply. What the Proposal Actually Asks For The 160 million token request represents 27% of CELO’s current circulating supply and 16% of the total 1 billion token supply. That is not…
Both parties submitted a proposal to allocate approximately 160 million CELO tokens to the browser. Read more
Celo targets deeper ties with popular web browser Opera via 160M token proposal
Celo proposes a 160M CELO allocation to web browser Opera to deepen partnership and expand global stablecoin adoption. The post Celo targets deeper ties with popular web browser Opera via 160M token proposal appeared first on Crypto Briefing.
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