On October 15, 2025, xMoney, a compliant payment ecosystem based in Vaduz, Liechtenstein, officially launched its native token, $XMN, on the Sui blockchain, a leading Layer 1 network. This move marks a major milestone in xMoney's mission to bridge traditional finance and Web3 through scalable, compliant infrastructure.
The launch coincides with Sui deepening its strategic investment in xMoney, reinforcing their shared vision. $21.5 million in strategic funding, led by the Sui Foundation, underscores investor confidence in xMoney's hybrid approach, which aims to tap into the $7 trillion stablecoin and global payments market.
Gregorios Siourounis, CEO of xMoney, commented, "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."
$XMN serves as the native token powering the xMoney ecosystem, enabling governance, staking, rewards, and liquidity programs. It is designed to align ecosystem growth with participant value and drive incentives, interoperability, and engagement beyond payments.
Following the launch, $XMN is now available on major exchanges, including Kraken, MEXC, Bluefin, BingX, and CoinEx, with more listings planned in the coming weeks to enhance liquidity and global accessibility. This multi-exchange rollout ensures both CEX and DEX availability from day one, fostering transparency and market depth.
Adeniyi Abiodun, Co-Founder and Chief Product Officer at Mysten Labs, the original contributor to Sui, stated, "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."
xMoney's ecosystem combines regulated payment rails with blockchain scalability, offering tools like traditional and crypto payment solutions, marketplace integrations, and card issuing with loyalty programs. With MiCA compliance and EMI licensing, it sets a new standard for trust and scalability in payments.