Xion Foundation Established, Announces Governance Token XION
CryptoNewsTerminal Staff14 Aug, 2024
Xion Foundation Established, Announces Governance Token XION
Xion (XION), a Layer 1 blockchain, has recently announced the establishment of the Xion Foundation through X, and the launch of its governance token, XION. The Xion Foundation is set up to provide support and incentives to the Xion ecosystem, including future airdrops and funding for developers. Xion had previously secured $25 million in a Series A investment during April.
