Aztec Network Completes Liquidation of Ethereum Sale Proceeds

The Aztec Network has finalized the liquidation of its Ethereum proceeds from last year's public token sale. The team transferred its final $12 million worth of ETH to Coinbase, marking the completion of a three-month exit strategy.

According to publicly accessible blockchain data, the protocol had been systematically liquidating its remaining $37 million in ETH over the past three months. This process began after the initial allocation of 4,234.6 ETH for liquidity provision in February 2026.

The sale proceeds were originally valued at $59.13 million, with the team selling 1.5 billion tokens at an average price of $0.0473 per token during the December 2025 public auction.