Originally published on: November 11, 2024
In a groundbreaking announcement, the decentralized finance (DeFi) platform Infinex revealed its ambitious plan to list the top 500 crypto assets, setting the stage for a major shift in the crypto landscape. The platform is also gearing up for the release of its updated version, v2, in early 2025.
During an exclusive interview at Near’s Redacted conference in Bangkok, Infinex founder Kain Warwick shared exciting details with Cointelegraph editor Andrew Fenton. Warwick disclosed the platform’s strategy to extend token support by five times, potentially encompassing the top 500 assets featured on leading platforms like CoinGecko and CoinMarketCap. This expansion will embrace tokens from prominent networks such as Solana, Ethereum, and Ethereum layer-2 solutions.
While Warwick acknowledged that integrating legacy chains like Bitcoin and Litecoin could take more time, he expressed confidence in Infinex’s ability to redefine the DeFi sector. In addition to widening its token offerings, Infinex is poised to unveil its highly anticipated v2 release, promising enhanced integration capabilities and a faster turnaround time.
With the upcoming version, Warwick emphasized the importance of streamlining the platform’s integration process, citing the need for greater scalability. By optimizing the integration cadence, Infinex aims to expedite partnerships with NFT platforms like OpenSea and Blur, making the process more efficient and user-friendly than ever before.
The innovative approach adopted by Infinex underscores the platform’s commitment to driving innovation in the DeFi space. While Warwick refrained from specifying an exact release date for v2, he hinted that the update is slated for an early launch next year, promising a dynamic evolution in the DeFi ecosystem.
Don’t miss out on the latest developments in DeFi and finance – subscribe to the Finance Redefined newsletter for expert insights, analysis, and exclusive financial opportunities delivered straight to your inbox every Friday. Join us as we navigate the ever-changing world of decentralized finance and empower you to make informed decisions with confidence. Subscribe now to stay ahead of the curve!
