Opera seeks 160M CELO allocation to cement major Celo stake, pledges 10% voting cap amid muted response

Opera has proposed replacing a cash arrangement with an allocation of 160 million CELO tokens, a request reported as representing roughly 27% of Celo’s current circulating supply and about 16% of its maximum supply ^{[1] [2]}.

The proposal would cap Opera’s voting power at 10% to preserve decentralized governance, and the company points to MiniPay’s more than 14 million registrations as a rationale for expanded network participation ^{[1] [3]}.

Market reaction was muted: Opera Limited (OPRA) shares traded around $14.40 following a minor pullback as the browser maker outlined the token allocation, which analysts and coverage frame as part of a strategic pivot toward blockchain payments ^{[1] [4]}.

If approved by the Celo community, the allocation would make Opera a major long-term stakeholder on the network, a position described in reporting as cementing the browser maker’s role in Celo’s governance and payment ecosystem ^{[3] [2]}.