Financie Inc. announces FNCT token IEO on Coincheck attracted JPY 20 billion (USD 150M) in applications, 18.78x oversubscribed. Trading begins March 16, staking in spring 2023.

Financie said FNCT attracted more than JPY 20 billion in IEO applications on Coincheck, with 24,833 accounts participating and demand reaching 18.78 times the amount offered.

Financie said its FNCT token attracted more than JPY 20 billion in applications in the Coincheck IEO, with demand reaching 18.78 times the offering size. Trading was set to begin on March 16, alongside plans for staking and broader ecosystem growth.