Kinto Announces Upcoming Listing Of Its Native Token on Gate.io, MEXC, and Kinto Exchange, Offering Better Access To DeFi
Kinto, the modular exchange and on-chain platform, is elated to announce the upcoming listing of its $KINTO token (K).
Kinto plans to list $K on its native exchange, MEXC, Gate.io, and Uniswap. The news comes after the recently concluded token launch, which raised $3.8 million from over 2,700 participants. Conducted through a Dutch auction model, the funding round cleared at $15 per token.
$KINTO token (K) is a utility token at the heart of the project. It has a maximum supply of 15 million tokens. 70% of these tokens will be distributed to the community, allowing them to take part in governance processes involving the projects development. Token holders also enjoy staking benefits, such as access to liquidity pools and other incentives.
The Kinto ecosystem prides itself on providing a secure platform with all the necessary tools to navigate the decentralized finance (DeFi) marketplace. Kinto employs a new modular design that allows seamless movement of assets and liquidity across various platforms, catering to both centralized and decentralized exchanges and protocols.
The exchange strives to provide a secure and compliant platform by integrating KYC and AML mechanisms at the blockchain level. By design, Kinto requires all its users to be KYC verified, allowing them to access DeFi in a legally compliant environment. The platform continuously runs AML monitoring mechanisms to further maintain security and compliance.
In addition to the growing community, Kinto has received massive support from various key players in the industry. Just recently, Brevan Howard Digital deployed $20 million into the Kinto ecosystem. As the digital asset arm of global hedge fund Brevan Howard, Brevan Howard Digital action demonstrates strong confidence in the project and its mission. One of Kintos early investors, Anthony Scaramucci of SkyBridge Capital, publicly endorsed the project, stating that Kintos modular exchange opens up tremendous possibilities for institutional investors. The platform allows users to deploy capital on-chain without counterparty risk.
Commenting on the listing, Ramon Recuero Kintos CEO stated:
Kinto is built to enable long-term, sustainable growth in decentralized finance. The $K listing is not just a token launchits proof that fair tokenomics and real financial utility can exist in crypto. This industry needs to move beyond speculative short-term gains and toward building financial infrastructure that genuinely empowers users.
Since its launch, Kinto has continued to provide users with seamless access to decentralized finance without compromising security, compliance, or user control. The exchange is the first blockchain network to feature native KYrachel@angle42.coC and AML enforcement at the blockchain level.
The upcoming listing is a testament to Kintos commitment to providing its users with a secure environment to achieve financial sustainability.
Text source: ZyCrypto
