Crypto Wallet Firm Blockchain to Airdrop $125 Million in Stellar

Crypto wallet provider Blockchain says it’s about to stage what it’s calling the “largest crypto giveaway in history.”

The company will distribute $125 million in Stellar lumens (XLM), nearly half a billion tokens, to Blockchain wallet holders who sign up for the airdrop. The first batch of recipients will see their tokens arrive within the week, according to an announcement Tuesday. The amount of XLM being dropped to each wallet was not disclosed by the firm.

With the news, Stellar becomes the first partner for Blockchain’s airdrop program and guiding framework announced last month.

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