Floki has launched TokenFi, an asset tokenization platform, with 56% of the tokens to be distributed to Floki stakers.

BlockBeats reported on October 26th that the Meme project Floki announced the launch of its cryptocurrency and asset tokenization platform, TokenFi. TokenFi (TOKEN) aims to simplify the process of cryptocurrency and asset tokenization and become the world's leading tokenization platform. The official website of TokenFi will be launched on October 27th and multiple products are expected to be released in the fourth quarter of 2024. The total issuance of tokens is 10 billion, with 5 billion issued on both the BNB Chain and Ethereum. 10% of the tokens will be used to provide liquidity on Uniswap and PancakeSwap, with trading expected to start on October 27th, 2023 at 15:00 UTC. Floki stakers will receive 56% of the supply as a reward over a period of four years. DWF Labs is the main institutional partner and market maker for TokenFi.