Kinto, the Modular Exchange and On-Chain Platform, Announces the Upcoming Listing of its $KINTO Token (K)

Kinto, the modular exchange and on-chain platform, is elated to announce the upcoming listing of its $KINTO token (K). By Rachel.

Kinto, the modular exchange and on-chain platform, is expanding the footprint of its $KINTO token (K). The token is set to be listed on MEXC, Gate.io, and Uniswap.

The news comes after the recently concluded token launch, which saw a $3.8 million raise from over 2,700 participants. Conducted through a Dutch auction model, the funding round saw a final clearance price of $15 per token.

$KINTO token (K) is a utility token at the heart of the project. It has a total maximum supply of 15 million tokens, with 70% allocated for community distribution. This allows community members to participate in governance processes for the project’s development. Token holders will also benefit from staking and liquidity pool access.

The Kinto ecosystem is focused on providing a safe and accessible platform with the necessary tools to navigate the decentralized finance (DeFi) marketplace. Kinto features a novel modular design that enables seamless asset and liquidity transferability across various platforms, catering to both centralized and decentralized exchanges and protocols.

The exchange is keen on ensuring a secure and compliant platform by integrating KYC and AML mechanisms at the blockchain level. All Kinto users are KYC verified, enabling them to engage with DeFi in a legally compliant manner. The platform also continuously runs AML monitoring mechanisms to maintain optimal security and compliance.

In addition to its growing community, Kinto has support from various key players in the industry. Brevan Howard Digital recently deployed $20 million into the Kinto ecosystem. As the digital asset arm of global hedge fund Brevan Howard, this engagement showcases strong confidence in the project and its mission.

One of Kinto’s early investors, Anthony Scaramucci of SkyBridge Capital, has also been vocal in his support for the project. He highlighted the unique capabilities of Kinto’s modular exchange, which allow institutional investors to seamlessly deploy capital on-chain without any counterparty risk. This aspect is crucial for institutions venturing into the DeFi space.

Commenting on the listing, Ramon Recuero, CEO of Kinto, said: “Kinto is built to enable long-term, sustainable growth in decentralized finance. The $K listing isn’t just a token launch—it’s proof that we can have fair tokenomics and real financial utility within the crypto sphere. Our industry needs to move beyond the hype of short-term speculative gains and toward building financial infrastructure that genuinely empowers users.”

Since its launch, Kinto has provided users with unfettered access to decentralized finance without compromising on security, compliance, or user control. The exchange is the first blockchain network to feature native KYC and AML enforcement at the blockchain level.

The upcoming listing marks a significant milestone in Kinto’s journey to empower users with the financial tools they need to succeed in today’s rapidly changing world.