SOON Treasury Moves to Coinbase Custody
Summary
SOON HQ shares the Foundation’s plan to place 6% of the total $SOON supply, representing its full treasury allocation, with regulated Coinbase Custody. The tokens will be restricted, and the 12-month cliff followed by 36 months of linear vesting remains unchanged. The move supports stronger security and on-chain transparency for the community.
The SOON Foundation has partnered with Coinbase Custody @CoinbaseInsto , a regulated and institutional-grade custody provider, to securely hold treasury assets.
In the coming 2 days, we will deposit 6% of the total $SOON supply — representing 100% of the Foundation’s treasury allocation — into the following custody address:
H9nZmULQ7rBEZupq2TEjMuPxod7794Vo6dy18nLFr1Vr
- Tokens under custody are fully restricted and cannot be moved by anyone.
- The vesting schedule remains unchanged: 12-month cliff followed by 36 months of linear vesting.
This move enhances the security and transparency of our treasury management and allows the community to independently verify holdings on-chain.
You spoke — we listened. This is one of many steps we’re taking to align SOON with the highest standards of trust and accountability.
https://x.com/soon_fdn/status/1950188862661091712?s=46
The SOON Foundation has partnered with Coinbase Custody @CoinbaseInsto , a regulated and institutional-grade custody provider, to securely hold treasury assets.
In the coming 2 days, we will deposit 6% of the total $SOON supply — representing 100% of the Foundation’s treasury
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