xMoney Launches $XMN Token on Sui for Global Payments

xMoney Launches $XMN Token on Sui for Global Payments
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Introduction

xMoney has officially launched its native token $XMN on the Sui blockchain, marking a significant step in bridging traditional finance with Web3 payments. The launch follows a $21.5 million strategic investment from Sui Foundation, reinforcing their shared vision for compliant global payment infrastructure. $XMN is now available on multiple major exchanges including Kraken and MEXC, creating immediate accessibility for users and institutions seeking to participate in the evolving payment landscape.

Key Points

  • $XMN token powers governance, staking, and rewards across xMoney's payment ecosystem
  • Platform combines MiCA compliance with blockchain scalability for global payments
  • Available on multiple exchanges including Kraken, MEXC, and Bluefin from launch day

Strategic Partnership with Sui Foundation

The launch of $XMN represents more than just another token introduction—it signifies a deepening strategic partnership between xMoney and the Sui ecosystem. The $21.5 million strategic funding led by Sui Foundation demonstrates strong investor confidence in xMoney’s hybrid approach to merging regulatory compliance with blockchain scalability. This substantial investment reflects a shared belief in compliance-first Web3 adoption and the power of scalable, high-performance blockchain infrastructure to transform global payments.

Adeniyi Abiodun, Co-Founder and Chief Product Officer at Mysten Labs, the original contributor to Sui, emphasized the strategic nature of this collaboration: ‘Sui’s role goes far beyond investment. xMoney is integrating infrastructure directly into platforms that power online businesses, wallets, and merchant services across the globe. They’re connecting everyday financial interactions to crypto and every merchant, wallet, and user they integrate is a node that strengthens the broader payment ecosystem.’ This statement underscores the comprehensive nature of the partnership, extending well beyond financial backing to include technical integration and ecosystem development.

$XMN Token: The Engine of the xMoney Ecosystem

The $XMN token serves as the native token powering the entire xMoney ecosystem, designed specifically to connect users, merchants, and institutions across traditional and decentralized finance. It functions as the unifying element driving incentives, interoperability, and engagement throughout the platform. Beyond simple transactional utility, $XMN fuels the network’s governance, staking, rewards, and liquidity programs, creating direct alignment between ecosystem growth and participant value.

Gregorios Siourounis, CEO of xMoney, highlighted the strategic importance of the token launch: ‘While the market moves in cycles, utility and compliance never go out of style. The launch of $XMN and the continued support from Sui mark a defining step in our mission to build real, global payment infrastructure that serves users, merchants, and institutions alike.’ This perspective emphasizes xMoney’s focus on long-term utility rather than short-term market trends, positioning $XMN as a fundamental component of sustainable payment infrastructure.

Following the launch, $XMN became immediately available across several leading exchanges including Kraken, MEXC, Bluefin, BingX, and CoinEx, with additional listings planned in the coming weeks. This multi-exchange rollout ensures both centralized and decentralized exchange availability from day one, establishing a foundation of accessibility, transparency, and market depth that supports both retail and institutional participation.

Building Compliant Payment Infrastructure for the Future

xMoney’s ecosystem combines regulated payment rails with blockchain-native scalability, offering a comprehensive suite of financial tools targeting the $7 trillion stablecoin and global payments market. The platform provides traditional and fiat payment solutions for merchants and businesses alongside crypto payment rails for invoices, APIs, and on/off-ramps. Additional features include marketplace integrations for global digital commerce and card issuing with loyalty programs that bridge fiat and crypto seamlessly.

With MiCA compliance and EMI licensing, xMoney stands as one of the few platforms ready to operate across both traditional and decentralized finance environments. This regulatory positioning sets a new standard for scalability and trust in the payments sector, addressing one of the most significant barriers to mainstream adoption of blockchain-based payment solutions. The company’s credentials as a Licensed EMI, PCI DSS Level 1 Certified provider, and Visa/Mastercard principal member further strengthen its position in the traditional financial landscape.

Siourounis concluded with a forward-looking statement: ‘The successful launch of $XMN is the activation of a long-term vision. Our foundation is strong, our partnerships are expanding, and we’re just getting started.’ This reflects xMoney’s commitment to building payment infrastructure designed for the decade ahead, focusing on making global payments seamless, compliant, and accessible to everyone, everywhere through the combination of traditional finance expertise and blockchain innovation.

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