The NFT-backed notes unlock multiple benefits for Fastex Exchange users, including early access to new Fastex products, airdrops, and events. 

Dubai, 24 of July – Fastex, the accessible, secure and fast trading platform, today announced the release of a groundbreaking series of collectible currency notes, each backed 1:1 by FTN token, the platform’s native cryptocurrency. This innovative initiative bridges the gap between physical collectibles and digital assets, offering users a new way to experience and own crypto.

The notes, a year in the making, feature advanced, banknote grade anti-counterfeit features on each note, including: serial numbers, , intaglio ink, optically variable ink and metallic security foil, along with elegant designs based on the planets in the Solar System, and are redeemable at any time for their full value in FTN on the Fastex Exchange.

“The FTN notes symbolise the evolution of currency,” said Vakhtang Abrahamyan, CEO of Fastex. “By merging the tactile value of collectibles with the integrity of blockchain, we’re giving our community a new way to interact with digital assets—backed by transparency, trust, and tech. The Fastex team are excited to be at the forefront of the intersection of physical and digital finance, and we are also excited to continue to find new ways to engage users with novel initiatives.”

Cointelegraph interview Vakhtnag Abrahamyan:  

https://x.com/Cointelegraph/status/1945763677988106685

 “It has been a pleasure working on this groundbreaking project, which combines traditional currency-grade security with blockchain technology,” stated  Joe Galloso, International Sales Director at Authentix. “Collaborating with Fastex’s design team was a fantastic experience – their vision and creativity made it easy to bring together the heritage of traditional banknote printing with the innovation of cryptocurrency. Each of the anti-counterfeit features, along with the polymer substrate, were carefully designed to create a high-quality, visually spectacular note. We’re incredibly proud of the final product, and excited to see these notes roll out into the world. It has been a great partnership, and we’re looking forward to what comes next.”   

News.Bitcoin.com interview Joe Galloso:

https://x.com/BTCTN/status/1947657889482440973          

                                                                                                                                                    

Each note is:

• Fully asset-backed: Pegged 1:1 with FTN, offering a tangible, secure extension of the digital currency.
  
  

• Redeemable & verifiable: Users can verify authenticity via NFTs representing their notes and redeem for tokens at any time, burning the NFTs upon usage. Authentication is further guaranteed by Authentix - a third-party authentication provider.
  
  

• A Key to more: Holders receive perks such as access to events, airdrops and early access to new Fastex products.
  
  

The FTN-backed notes will be available for purchase by Fastex Exchange users starting 1st July via the Yo Cash website following completion of a KYC process. YoCash is managed by Fastex Exchange in collaboration with Authentix, a verification company with over 25 years of experience in preventing counterfeits, a brand protection and  anti-counterfeit company, with over 320 years of experience within its banknote and security printing division.

About Fastex
Fastex is a Dubai-based cryptocurrency exchange catering to an audience of worldwide traders, offering an accessible, secure and fast trading platform. Beyond the exchange, Fastex boasts a vast array of service offerings for the Web3 economy, including the Dapp building Bahamut EVM-based blockchain solution, Fastex Card, and YoWallet. The cryptocurrency exchange is led by experts from the traditional financial space, including the previous Deputy Chairman of a Central Bank. 

About Authentix
As the authority in authentication solutions, Authentix brings enhanced visibility and traceability to today’s complex global supply chains. For over 25 years, Authentix has provided clients with physical and software-enabled solutions to detect, mitigate, and prevent counterfeiting and other illicit trading activity for currency, excise taxable goods, and branded consumer products.

Media Contact:
[email protected]
Mariam Baladyan
Head of PR