Infinex to launch Sonar token sale, aiming to raise $15 million

Jinse Finance reported that Infinex has announced the launch of the Sonar token sale, planning to distribute 5% of the token supply before the INX token generation event (TGE) in January 2026, with a fundraising target of $15 million and a fully diluted valuation of $300 million. This sale builds on last year's successful Patron NFT sale, which raised $67.7 million, and aims to expand the range of token holders. The sale is divided into two paths: Patron NFT holders can receive an allocation of up to $500,000 based on their holdings, while non-holders can participate through a lottery mechanism, with a maximum of $5,000 per person.