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Fastex Introduces First Ever Currency Notes Backed by FTN Token

Fastex Introduces First Ever Currency Notes Backed by FTN Token

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by Giorgi Kostiuk

6 hours ago


Fastex, a cryptocurrency exchange, has introduced collectible currency notes that are fully backed by the FTN token, creating a unique blend of physical and digital assets.

Key Features

Each note is safeguarded with advanced anti-counterfeit measures, including serial numbers, intaglio ink, optically variable ink, metallic security foils, and polymer substrates. The designs are inspired by the planets of the Solar System.

NFT Support and Verification

Every note is paired with an NFT for digital authentication. Owners can verify authenticity and redeem the note for its full FTN value via the Fastex Exchange; redemption burns the corresponding NFT. The process is certified by Authentix, a leader in anti-counterfeit technology.

Leadership Endorsements

Vakhtang Abrahamyan, CEO of Fastex, described the initiative as a bridge between the tactile world of collectibles and digital finance, emphasizing trust and innovation. Joe Galloso, International Sales Director at Authentix, praised the collaboration with Fastex as a fusion of classic currency security and blockchain innovation.

The launch of collectible notes by Fastex marks an industry milestone, merging specialty physical currency, advanced digital authentication, and Web3 benefits, solidifying Fastex’s role in crypto innovation.

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