Infinex DEX Amasses +$67M via An NFT Sale To VC Firms, Investors & Community

Infinex,
an
upcoming
decentralized
exchange
platform
under
development
by
Synthetix,
has
successfully
amassed
more
than
$67
million
through
its
recent
Patron
NFT
sale.
The
Infinex
Patron
non-fungible
token
sale,
which
launched
and
concluded
yesterday,
attracted
participation
from
notable
venture
capitalists,
angel
investors,
and
members
from
the
NFT
and
crypto
communities.

Infinex
Raises
+$67M
In
An
NFT
Sale

In
an
October
28
blog
post,
Infinex
confirmed
the
completion
of
its
patron
NFT
sale
with
support
from
leading
founders,
foundations,
VC
firms,
and
communities
across
the
on-chain
ecosystem.
This
fundraising
model,
which
has
enabled
Infinex
to
raise
more
than
$67
million,
launched
its
Patron
NFT
sale
on
Monday,
October
23,
2024,
and
ended
successfully
several
hours
later.

We
are
thrilled
to
announce
the
completion
of
our
$67.70M
Patron
Sale
with
support
from
leading
founders,
foundations,
funds
and
communities
across
the
onchain
ecosystem.

Infinex
is
ushering
in
the
next
phase
of
our
industry,
the “post-CEX
era”.

pic.twitter.com/MVxrObVrbn

—
Infinex
(@infinex_app)

October
28,
2024

Unveiled
in
July
2024,
Infinex
is
a
decentralized
exchange
platform
from
Synthetix
designed
to
rival
centralized
exchanges.
Synthetix
is
a
decentralized
finance
(DeFi)
protocol
that
allows
users
to
create
and
trade
synthetic
assets,
or
“Synths,”
on
the
Ethereum
blockchain.
Infinex
aims
to
streamline
users’
DeFi
experience
while
addressing
prominent
decentralized
exchange
(DEX)
market
issues.

During
its
recent
funding,
Infinex
sold
Patron
NFTs
to
venture
capitalists,
angel
investors,
and
the
crypto
communities.
The
venture
capital
firms
that
participated
in
the
NFT
sale
included
Fund
Founder,
a
San
Francisco-based
venture
fund
backed
by
Billionaire
Peter
Thiel
that
invests
in
revolutionary
technologies.
Peter
Thiel
is
an
American
entrepreneur,
venture
capitalist,
and
co-founder
of
PayPal.

Infinex
Patron
NFT
Overview

Other
venture
capital
companies
that
participated
in
the
Infinex
NFT
sale
included
Wintermute
Ventures,
Framework
Ventures,
and
Solana
Ventures.
Other
angel
investors
in
the
sales
included
Ethereum
co-founder
Vitalik
Buterin,
Solana
co-founder
Anatoly
Yakovenko,
and
Aave
founder
Stani
Kulechov.
Infinex
currently
has
a
total
value
of
$125
million.

During
the
NFT
auction,
43,244
Patron
NFTs
were
sold
across
Ethereum,
Solana,
Arbitrum,
Base,
Polygon,
and
Optimism.
These
NFTs
were
distributed
to
purchasers
on
the
Ethereum
blockchain
and
are
now
available
for
reselling
via
the
OpenSea
and
Blur
NFT
marketplaces.
The
Infinex
Patron
NFT
collection
is
an
NFT
collection
featuring
a
limited
edition
of
100,000
NFTs
hosted
on
the
Ethereum
blockchain
network.

You
can
now
withdraw
unlocked
Patrons.
Find
the
official
collection
links
below
⤵️

Official
Magic
Eden:

https://t.co/ZvYgLtFm92
Offical
Blur:

https://t.co/MoEdFEV3JR
Official
OpenSea:

https://t.co/I1vFPbj2Ed

Patrons
are
helping
to
write
the
next
chapter
of
crypto.

—
Infinex
(@infinex_app)

October
28,
2024

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