Infinex will launch the Sonar Token sale, valued at 300 million dollars.

DeepFlowTech

According to Deep Tide TechFlow news on November 27, reported by The Block, Infinex announced the launch of the Sonar Token sale, planning to distribute 5% of the token supply before the INX token generation event ( TGE ) in January 2026, with a fundraising goal of 15 million dollars and a Fully Diluted Valuation of 300 million dollars.

This sale is built on the successful fundraising of $67.7 million from last year's Patron NFT sale, aiming to expand the range of Token holders. The sale is divided into two paths: Patron NFT holders can receive a distribution limit of up to $500,000 based on their holdings, while non-holders can participate through a lottery mechanism, capped at $5,000 per person.

Kain Warwick, the founder of Infinex, stated that the platform integrates wallet infrastructure, trading functions, and multi-chain connections, supporting non-custodial wallet services across more than 20 networks. The platform will repurchase tokens through multi-product revenue, and all financial activities will be made public and transparent through HyperTracker.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)