Binance Hosts 6th Pre-TGE Prime Sale Featuring Espresso
- Binance partners with Espresso Foundation for $ESP token sale.
- $3.75 million raised in BNB BNB +0.83% .
- 53.85 million $ESP allocated with 1.5% of supply.
Binance Wallet has scheduled its 6th Prime Sale event on February 10, 2026, featuring Espresso Foundation’s token $ESP, opening at 8:00 PM UTC+8 for eligibile participants.
The event emphasizes Binance’s role in crypto fundraising, targeting $3.75 million through BNB subscriptions, and underlines $ESP’s potential in enhancing blockchain scalability and execution efficiency.
Binance Wallet has announced its 6th Pre-TGE Prime Sale, featuring the Espresso Foundation’s $ESP token. The subscription period opens on February 10, 2026, from 8:00 PM to 10:00 PM UTC+8.
The Espresso Foundation aims to build a base layer for rollups. Partner organizations include a16z, Sequoia, and Electric Capital, but there is no specified leadership from these groups.
The event raised $3.75 million USD via BNB subscriptions, allocating 53.85 million $ESP to participants. The $ESP will later be used for protocol fees and staking.
Immediate financial implications include a capped user contribution of 3 BNB. This affects the BNB market, but no changes were noted for other cryptocurrencies like ETH or BTC.
Each participant obtains a non-tradable “ESP Key” on BSC post-subscription. These unlock during the TGE airdrop, marking a new background for staking and governance.
Espresso’s technological innovations focus on faster block finalization and L2 scalability. The sale impacts future scalability and implementation, with 14.5% of $ESP supply unlocking with 10% reserved for airdrops.
As of the currently available data, there are no direct quotes or statements from key individuals associated with the Binance Wallet announcement or the Espresso Foundation regarding the 6th Pre-TGE Prime Sale featuring the $ESP token.
