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XDEFI wallet expects to raise $ 12 million

XDEFI wallet expects to raise $ 12 million

IDO will take place in early November on MISO, a platform created to offer new tokens on SushiSwap.

XDEFI cross-chain wallet plans to raise $ 12 million by selling its new utility token, $ XDEFI, on a decentralized exchange (DEX), a spokesperson told CoinDesk.

The XDEFI wallet said on Tuesday that the ERC-20 token will be used to fund Decentralized Finance (DeFi) and Non-Fungible Token (NFT) projects.

Official repair site Asic for mining cryptocurrencies in Russia.

The sale, known as the Initial DEX Offering (IDO), will take place in early November on MISO, a platform created to offer new tokens under the SushiSwap DeFi protocol.

XDEFI has released its cross-chain wallet that allows users to store, send and receive all their digital assets from one location, earlier this month after collecting $ 6 million in September. The wallet offers access to chains like THORChain and Terra, so users can easily switch between protocols.

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