#United States #Chicago #Binance #HEMI #$HEMI

Hemi Unveils $HEMI Token on Binance

In a major step for the cryptocurrency landscape, Hemi, recognized as the world's largest programmability layer on Bitcoin, revealed today that its native token, $HEMI, will be available on Binance, the leading cryptocurrency exchange. The trading date is set for August 29, 2025, following a successful token generation event (TGE).

The Significance of $HEMI

Hemi's blockchain supernetwork marries the security of Bitcoin with the programmability found in Ethereum. The $HEMI token is central to this ecosystem, serving multiple purposes including governance, staking, and transaction processing. The tokenomics are crafted to ensure transparency and fairness, facilitating community involvement with real-time visibility into allocations and token flows.

Founders emphasize that the launch of $HEMI isn’t merely about tokens; it's an invitation for the community to claim ownership and responsibility in shaping the future of blockchain technology. Maxwell Sanchez, co-founder of Hemi, indicated that this is a pivotal moment for participants to redefine the synergy between Bitcoin and Ethereum.

Financial Backing and Community Engagement

Prior to the TGE, Hemi secured a $15 million growth capital round. Notable investors included YZi Labs (rebranded from Binance Labs), Republic Digital, and a host of distinguished partners from the financial and crypto sector. This funding round, together with existing backing, elevates Hemi's total funds raised to $30 million.

Already, Hemi boasts a staggering $1.2 billion in value supported on its network. The $HEMI token meticulously supports Hemi’s vision of establishing a robust DeFi ecosystem, integrating community, developers, and institutional participants.

Tokenomics Breakdown

Hemi initiated the launch with 10 billion $HEMI tokens, structured to promote long-term sustainability:

• - 32% allocated for the community and ecosystem development
• - 15% directed to the Hemispheres Foundation
• - 28% assigned to investors and strategic allies
• - 25% reserved for the team and core contributors

This allocation strategy reflects Hemi's commitment to a thriving decentralized ecosystem while ensuring that its growth is collectively nurtured by a robust community.

Building a Strong Community

With over 100,000 verified users and a community of more than 411,000 members, Hemi is set to propel Bitcoin into a new era of programmability. Thanks to its expanding network of 90+ ecosystem partners, like Sushi and MetaMask, Hemi is poised to unlock significant opportunities in decentralized finance, enhancing the overall user experience.

About Hemi

Hemi offers a groundbreaking approach that renders Bitcoin programmable, allowing yield generation and composability. The modular protocol harnesses the collective strengths of Bitcoin and Ethereum, making it an innovative player in the finance sector. Co-founded by industry veterans such as Jeff Garzik, Maxwell Sanchez, and crypto innovator Matthew Roszak, Hemi is supported by notable investors, enhancing its credibility and potential in the crypto space.

For insights on Hemi's tokenomics and further details, interested parties can visit token.hemi.xyz.

In conclusion, the launch of the $HEMI token represents a historic moment in the evolution of Bitcoin's capabilities, signaling a new chapter in decentralized finance that is built on collaboration and community engagement.