Andre Cronje is conducting a fundraising for the on-chain trading platform Flying Tulip, with plans to issue the platform token FT.

By: theblockbeats.news|2025/08/15 10:42:08

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BlockBeats News, August 15th, Sonic Labs founder Andre Cronje launched a fundraising campaign for its on-chain trading platform Flying Tulip targeting U.S. fund companies. According to his introduction, Flying Tulip is a high-performance, full-featured trading platform built entirely on-chain, with its liquidity powered by a synthetic delta neutral liquidity pool and backed by staking rewards.

Flying Tulip will issue the platform token FT, with a fixed supply, no token inflation, or token incentives. 50% belongs to investors, 50% belongs to the foundation, and the FT token has not yet been launched.

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