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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 checklist 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 permits BTC to maneuver immediately into Plasma’s EVM atmosphere with out counting on centralised custodians. This unlocks new functions 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 assist community participation. The token launched with an preliminary provide of 10 billion XPL, with allocations for public sale, ecosystem progress, workforce, and group 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 economic system, and we’re happy that Bitfinex will probably be among the many first exchanges to checklist XPL,” stated Anoush Bhasin, Head of Listings at Bitfinex. “This itemizing displays our dedication to bringing rising digital property 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 begin at roughly 1:00 PM UTC on 25/09/2025, contingent upon liquidity necessities being met. XPL will probably be tradable in opposition to 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 observe 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 companies for merchants and world liquidity suppliers. Along with a set of superior buying and selling options and charting instruments, Bitfinex supplies entry to peer-to-peer financing, an OTC market and margin buying and selling for a wide array of digital tokens. Bitfinex’s technique focuses on offering unparalleled assist, instruments, and innovation for skilled merchants and liquidity suppliers all over the world. Go to www.bitfinex.com to study extra.

Media contact for Bitfinex

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For official logos and branding, please go to:

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

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