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Bitfinex to Record XPL, Native Token of Plasma

Bitfinex to Record XPL, Native Token of Plasma

ROAD TOWN, Tortola, British Virgin Islands – 23 September, 2025 – Bitfinex (https://www.bitfinex.com/), a premier digital asset buying and selling platform, introduced at this time that will probably be among the many first exchanges to listing XPL, the native token of Plasma, a layer-1 blockchain that’s described as “purpose-built for stablecoin funds.”

Plasma options zero-fee USDt transfers and EVM compatibility alongside a trust-minimised bridge for Bitcoin that allows BTC to maneuver immediately into Plasma’s EVM setting with out counting on centralised custodians. This unlocks new purposes on the intersection of stablecoins and the world’s largest digital asset, creating alternatives for each builders and customers.

XPL is the native token of the Plasma blockchain, used to pay transaction charges, reward validators, and help community participation. The token launched with an preliminary provide of 10 billion XPL, with allocations for public sale, ecosystem progress, workforce, and neighborhood initiatives as outlined in Plasma’s framework.

“Plasma’s mission to ship sensible improvements for blockchain adoption aligns with our imaginative and prescient of a decentralised financial system, and we’re happy that Bitfinex will likely be among the many first exchanges to listing XPL,” mentioned Anoush Bhasin, Head of Listings at Bitfinex. “This itemizing displays our dedication to bringing rising digital belongings to our clients as new ecosystems develop.”

Bitfinex clients will have the ability to make deposits of XPL at roughly 10:00 AM UTC on 24/09/2025, topic to community situations. Buying and selling is deliberate to start at roughly 1:00 PM UTC on 25/09/2025, contingent upon liquidity necessities being met. XPL will likely be tradable towards US {Dollars} (XPL/USD) and Tether tokens (XPL/USDt). 

To acquire entry to XPL on Bitfinex, clients can go to https://www.bitfinex.com/.

*All customers of www.bitfinex.com are topic to Bitfinex’s phrases of service (“TOS”). Please be aware that U.S. individuals (as outlined within the TOS), amongst different prohibited individuals (as outlined within the TOS), are strictly prohibited from immediately or not directly holding, proudly owning or working an Account (as outlined within the TOS) on www.bitfinex.com. 

About Bitfinex

Based in 2012, Bitfinex is a digital token buying and selling platform providing state-of-the-art providers for merchants and international liquidity suppliers. Along with a collection of superior buying and selling options and charting instruments, Bitfinex offers entry to peer-to-peer financing, an OTC market and margin buying and selling for a big selection of digital tokens. Bitfinex’s technique focuses on offering unparalleled help, instruments, and innovation for skilled merchants and liquidity suppliers around the globe. Go to www.bitfinex.com to be taught extra.

Media contact for Bitfinex

[email protected]

For official logos and branding, please go to:

https://www.bitfinex.com/press/#press-downloads

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