According to Mixer Navigation, Infinex recently announced on the X platform that its public offering has successfully concluded. The fundraising campaign attracted 868 participants and raised a total of $7.21 million. As outlined in the official statement, approximately $5 million (5% of the INX token supply) was allocated for token distribution, while around $2.21 million was refunded.

To ensure fairness, the Infinex team identified and removed approximately $1.2 million linked to suspicious addresses. After these adjustments, the maximum allocation per participant stood at $245,000. Remarkably, 99.5% of participants received their full token allocation. Refunds have already been processed and transferred to users’ Infinex accounts.

In addition, Infinex confirmed that its token generation event (TGE) is scheduled for January 30, marking a significant milestone in the project’s development.