INIT Debuts With $1M Trading Promotion and Launchpool Staking as Cosmos-Based Blockchain Goes Live

On April 24, 2025, Initia (INIT) was listed with INIT/USDT trading, a $1,000,000 INIT trading promotion, and Launchpool staking for INIT rewards. About 14.88% of INIT's total supply was in circulation at listing. INIT is the gas and governance token for the Initia blockchain, which is built on the Cosmos SDK, supports MoveVM, enables cross-chain communication, and features integrated Layer 1 AMM liquidity.