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

2025-11-27 14:10:40

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.

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