Infinex Public Sale Raises Over $7.2M, TGE Scheduled for January 30

KuCoinFlash

Release Time:01/15/2026 07:46:33

USDC

$1.0006-0.02%

Summary

Infinex announced the completion of its public token sale, raising 721.4 USDC from 868 participants. The sale offered 5% of the INX supply, with $5 million allocated and $2.21 million refunded. After filtering out $1.2 million from suspected sybil addresses, the top allocation was $245,000, and 99.5% of participants received full allocation. Refunds have been credited to user accounts. The Token Generation Event (TGE) is scheduled for January 30. This marks a new token listing on major platforms, with news about the token launch expected to generate interest ahead of the event.

Odaily Planet News: Infinex posted on the X platform stating that the public offering has ended. A total of 868 participants took part in this sale, raising 7,214,000 USDC. Approximately $5 million was allocated (5% of the INX supply), and about $2.21 million was refunded. After identifying and removing around $1.2 million from suspected "sybil" addresses, the maximum allocation for any single participant was $245,000, and 99.5% of participants received full allocations. Refunds have now been distributed to users' Infinex accounts.

In addition, the TGE will take place on January 30th.

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