Brave submits B1 token transparency filing for BAT with 1 gap
The submission comes as Brave continues to scale its user base well beyond the 100 million mark. The company reported 117.6 million monthly active users and 49.5 million daily active users as of May 31, 2026.
BAT’s transparency track record
Brave maintains a public transparency page that details its BAT purchasing activity, including acquisitions made to fund its Brave Rewards program.
Brave allocates 70% of ad revenue to users who opt into seeing privacy-respecting ads, and it purchases BAT on the open market to distribute those rewards. Recent on-chain data shows the company bought 159,174 BAT on October 21, 2025, through the Gemini exchange.
BAT itself is an ERC-20 token on Ethereum, originally launched via an initial coin offering in May 2017. The token has since been bridged to Solana as SPL-BAT, giving it cross-chain availability. The Ethereum contract address, 0x0D8775F648430679A709E98d2b0Cb6250d2887EF, has been live for over eight years now.
Growth trajectory and market context
Brave went from roughly 25 to 38 million monthly active users in prior years to 117.6 million as of mid-2026. Daily active users sitting at 49.5 million suggests strong retention. A ratio of roughly 42% daily-to-monthly active users indicates that people aren’t just downloading Brave and forgetting about it.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Capital Trends Behind the AI Computing Power Rebound: JPMorgan Fund Flows Reveal Retail Buy-In "Shrinking," Pouring Into Nvidia, SanDisk and Other Computing Power Core Companies
What has been revealed is not a "complete withdrawal of retail investors from AI," but rather a significant slowdown in overall market entry pace under macroeconomic pressure, with stock selections becoming more concentrated. In response to the Federal Reserve's unanimous decision to raise interest rates by 25 basis points, increasing the policy rate to 3.75%–4.00%, JPMorgan's assessment is: if this is simply a withdrawal of last year's "insurance-style rate cuts" during a shallow rate hike cycle—and if corporate earnings remain strong and the Middle East situation does not further spiral out of control—the stock market is still capable of absorbing rising interest rates.
Vote Result 7-2! Bank of Japan Raises Interest Rates at Fastest Pace Since 1990, Does Not Signal a Clearly More Hawkish Stance
The Bank of Japan has raised interest rates to 1.25%, marking the highest level since 1995 and the sixth increase since exiting the negative interest rate policy in March 2024. Out of the nine committee members, Asada and Sato voted against the hike, citing the current economic situation, reflecting ongoing internal disagreements over further tightening. In its statement, the Bank of Japan indicated it will continue to raise rates and adjust the degree of monetary easing, but the forward guidance language showed limited changes from the July statement, without sending notably more hawkish signals.
Crypto prices
More
