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Cryptocurrency News Articles

IXFI Launches Public Sale for Its Native Token and Expands Crypto Services

Apr 17, 2025 at 11:50 pm

IXFI has announced the public sale of IXFI Token. IXFI supports over 1 million users and claims to see daily spot volumes surpassing $100 million.

IXFI Launches Public Sale for Its Native Token and Expands Crypto Services

Crypto exchange IXFI has launched the public sale of its native token, IXFI Token. The platform claims to see daily spot volumes surpassing $100 million, supports 1 million users, and experienced a 300% increase in revenue over the past 12 months.

The IXFI Token public sale makes 4% of the platform’s total 5 billion token supply available to participants. The token is launching at a fully diluted valuation (FDV) of $140 million, with an initial market cap of $6 million. Prior funding rounds had already raised $3.8 million in seed and $2.4 million privately.

All public sale tokens are scheduled to be fully unlocked at the token generation event (TGE). Meanwhile, allocations for the team, partners, and ecosystem development will be subject to a vesting period of 60 months, beginning with a 12-month cliff.

Token utility includes platform-related incentives such as reduced trading fees, future cashback offers, launchpad access, and participation in airdrop events.

IXFI Debit Card with Up to 6% Cashback

One highlight for token holders will be the IXFI Debit Card, set to launch in the coming months. Users will be able to spend supported cryptocurrency assets, such as BTC, ETH, SOL, BNB, and USDC, at any of the 130 million merchants worldwide that accept MasterCard.

Depending on the number of IXFI Tokens held, users will be able to enjoy up to 6% cashback.

The company also announced plans to introduce both staking and a launchpad, which will allow users to explore additional functionality tied to the IXFI Token. The launchpad will be used to support selected new crypto projects, while staking will allow token holders to contribute to the platform’s ecosystem through optional token locking mechanisms.

Company Background and Business Model

IXFI began as a self-funded venture, with more than $20 million invested by the founding team to launch and scale the platform. The company credits its growth to a direct focus on users and adaptive product development. It has since secured partnerships with organizations including Binance, Revolut, MasterCard, MoonPay, and Blockchain.com.

CEO and co-founder Cristian Andrei described the IXFI Token as a “core element of the platform’s future strategy,” emphasizing its role in shaping the platform’s broader fintech ambitions beyond crypto trading alone.

Operating in more than 160 countries, IXFI supports over 90 fiat currencies and offers users access to 400+ cryptocurrencies and 2,000+ trading pairs. Additional tools include IXFI Pay for crypto-to-fiat conversions and IXFI Convert, a feature designed for quick trades across a wide variety of pairs with multiple fiat on-ramp options such as Apple Pay, Google Pay, and traditional banking methods.

The company also introduced a merchant rating system to help users evaluate payment partners, aiming to simplify payment experiences in global transactions.

User Engagement and Incentives

IXFI has made user participation a central element of its growth strategy. Initiatives like its Rewards Program and the Steps Program (which encourages physical activity) have been used to distribute over $1 million worth of crypto rewards. These programs are designed to foster continued engagement and familiarize users with the platform’s services.

Burning Mechanism for Balanced Supply

A key feature of the IXFI Token is its buyback and burn system, which uses 25% of IXFI’s quarterly profits to buy tokens and burn them. The goal is to reduce the total supply from 5 billion to 2,5 billion tokens, effectively removing 50% of tokens from circulation.

This approach plans to maintain a healthier balance between supply and demand, which can help preserve long-term value for holders.

Security and Compliance at the Core

Security remains a cornerstone of IXFI’s operations. The platform is PCI-DSS compliant, undergoes regular third-party audits, and maintains partnerships with Chainalysis, Veriff, and Sumsub for enhanced identity verification and AML monitoring. IXFI also reports full alignment with European regulatory frameworks, including the recently introduced MiCA regulation.

Join the IXFI Token Public Sale

With the IXFI Token public sale now open, the company continues its expansion into new products and services that align with its long-term roadmap. The platform’s ecosystem blends trading, payments, and engagement tools under a regulated infrastructure designed to meet the needs of both retail and institutional users.

More information about the public sale and platform features can be found on IXFI’s official website.

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