April 28, 2025

Initia Launches Mainnet with INIT Token Airdrop

1 min read

Initia, a modular blockchain platform that combines a Layer 1 (L1) blockchain with a customizable Layer 2 (L2) rollup framework, launched its mainnet and native token on April 24. INIT currently trades at a $900 million fully diluted valuation (FDV) after debuting yesterday at roughly $700 million. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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Source: The Defiant

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