PANews reported on November 27th that, according to The Block, Infinex, the crypto super-application founded by DeFi pioneer Kain Warwick, announced it will launch an INX token sale through the Sonar platform before the Time of Government Expiry (TGE) in January 2026. The plan is to sell 5% of the total supply at a valuation of $300 million, raising $15 million. Patron NFT holders will enjoy tiered allocations (a single INX will receive $2,000, with 5/25/100 INX corresponding to caps of $15,000/$100,000/$500,000 respectively); non-holders will participate through a lottery, with a cap of $5,000 per person and a minimum of $200. The sold tokens will be locked for one year, with the option to unlock them early by paying a premium. The project stated that the proceeds will be used for token buybacks; approximately 25% of the tokens will be reserved in a vault for incentives; pre-registration will open within weeks. INX is planned to be officially generated and listed for circulation in January 2026. The platform integrates wallet, trading, prediction, and cross-chain functions, aiming to create a next-generation Web3 gateway.PANews reported on November 27th that, according to The Block, Infinex, the crypto super-application founded by DeFi pioneer Kain Warwick, announced it will launch an INX token sale through the Sonar platform before the Time of Government Expiry (TGE) in January 2026. The plan is to sell 5% of the total supply at a valuation of $300 million, raising $15 million. Patron NFT holders will enjoy tiered allocations (a single INX will receive $2,000, with 5/25/100 INX corresponding to caps of $15,000/$100,000/$500,000 respectively); non-holders will participate through a lottery, with a cap of $5,000 per person and a minimum of $200. The sold tokens will be locked for one year, with the option to unlock them early by paying a premium. The project stated that the proceeds will be used for token buybacks; approximately 25% of the tokens will be reserved in a vault for incentives; pre-registration will open within weeks. INX is planned to be officially generated and listed for circulation in January 2026. The platform integrates wallet, trading, prediction, and cross-chain functions, aiming to create a next-generation Web3 gateway.

Infinex will launch its token presale on Sonar, distributing 5% of its INX tokens before January TGE to raise $15 million.

2025/11/27 22:06
1 min read

PANews reported on November 27th that, according to The Block, Infinex, the crypto super-application founded by DeFi pioneer Kain Warwick, announced it will launch an INX token sale through the Sonar platform before the Time of Government Expiry (TGE) in January 2026. The plan is to sell 5% of the total supply at a valuation of $300 million, raising $15 million. Patron NFT holders will enjoy tiered allocations (a single INX will receive $2,000, with 5/25/100 INX corresponding to caps of $15,000/$100,000/$500,000 respectively); non-holders will participate through a lottery, with a cap of $5,000 per person and a minimum of $200. The sold tokens will be locked for one year, with the option to unlock them early by paying a premium. The project stated that the proceeds will be used for token buybacks; approximately 25% of the tokens will be reserved in a vault for incentives; pre-registration will open within weeks. INX is planned to be officially generated and listed for circulation in January 2026. The platform integrates wallet, trading, prediction, and cross-chain functions, aiming to create a next-generation Web3 gateway.

Market Opportunity
TokenFi Logo
TokenFi Price(TOKEN)
$0.003291
$0.003291$0.003291
-0.78%
USD
TokenFi (TOKEN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Structural job strain caps rand gains – Commerzbank

Structural job strain caps rand gains – Commerzbank

The post Structural job strain caps rand gains – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank’s Volkmar Baur highlights that South Africa’s unemployment
Share
BitcoinEthereumNews2026/02/19 05:27
Trump gushes over Nicki Minaj's skin to mark Black History Month: 'So beautiful'

Trump gushes over Nicki Minaj's skin to mark Black History Month: 'So beautiful'

President Donald Trump used an event marking Black History Month to remark on Nicki Minaj's complexion."I love Nikki Minaj," the president told the audience. "She
Share
Rawstory2026/02/19 05:07
Hong Kong Backs Commercial Bank Tokenized Deposits in 2025

Hong Kong Backs Commercial Bank Tokenized Deposits in 2025

The post Hong Kong Backs Commercial Bank Tokenized Deposits in 2025 appeared on BitcoinEthereumNews.com. HKMA to support tokenized deposits and regular issuance of digital bonds. SFC drafting licensing framework for trading, custody, and stablecoin issuers. New rules will cover stablecoin issuers, digital asset trading, and custody services. Hong Kong is stepping up its digital finance ambitions with a policy blueprint that places tokenization at the core of banking innovation.  In the 2025 Policy Address, Chief Executive John Lee outlined measures that will see the Hong Kong Monetary Authority (HKMA) encourage commercial banks to roll out tokenized deposits and expand the city’s live tokenized-asset transactions. Hong Kong’s Project Ensemble to Drive Tokenized Deposits Lee confirmed that the HKMA will “continue to take forward Project Ensemble, including encouraging commercial banks to introduce tokenised deposits, and promoting live transactions of tokenised assets, such as the settlement of tokenised money market funds with tokenised deposits.” The initiative aims to embed tokenized deposits, bank liabilities represented as blockchain-based tokens, into mainstream financial operations. These deposits could facilitate the settlement of money-market funds and other financial instruments more quickly and efficiently. To ensure a controlled rollout, the HKMA will utilize its regulatory sandbox to enable banks to test tokenized products while enhancing risk management. Tokenized Bonds to Become a Regular Feature Beyond deposits, the government intends to make tokenized bond issuance a permanent element of Hong Kong’s financial markets. After successful pilots, including green bonds, the HKMA will help regularize the issuance process to build deep and liquid markets for digital bonds accessible to both local and international investors. Related: Beijing Blocks State-Owned Firms From Stablecoin Businesses in Hong Kong Hong Kong’s Global Financial Role The policy address also set out a comprehensive regulatory framework for digital assets. Hong Kong is implementing a regime for stablecoin issuers and drafting licensing rules for digital asset trading and custody services. The Securities…
Share
BitcoinEthereumNews2025/09/18 07:10