Research notes on the BFI Public Sale, posted for future tracking.
1. Valuation structure
BFI Public Sale: $50,000,000 FDV. Disclosed Seed Round valuation: $50,000,000. Identical β public sale not marked up relative to the early institutional round. In the 2024-2026 token-sale sample this is uncommon; most projects mark up public-sale FDV by 1.5-3x over their institutional round.
Public Sale supply: 10,000,000 BFI (1.00% of 1B max supply). Public Sale unlock: 100% at TGE. Target raise: $500,000. Day-1 float: 14.50% (145M BFI). Pricing model: fixed. Settlement: pro-rata, excess refunded.
Implication for participants: same entry as seed investors, no premium, no public-sale vesting cliff.
2. Product
BitFi positions itself as an on-chain asset management platform serving both institutions and individuals. Coverage spans BTC, stablecoins, RWA, and DeFi yield. The mechanic: deposit BTC or stables β receive bfBTC / bfUSD as on-chain receipts β earn via combined CeFi execution DeFi strategies. Disclosed BTC yield range: 3-8%. Stablecoin yield: 7-15%. Protocol AUM: $320M .
Stack: SlowMist (contract audit), Ceffu (institutional custody β Binanceβs arm), 20 ecosystem partners.
Backing: Fundamental, IBC, CGV, Hemi, Bitlayer. Selected for Binance MVB9.
3. Sale channel
Conducted through Sonar by Echo. Historical Sonar launches include Plasma, Initia, MegaETH. Required participant path: register β onboarding β KYC/KYB eligibility verification β wallet linking β on-chain commitment with USDC on Ethereum.
Sale window: pre-reg Jun 1 β sale open Jun 11 β settlement Jun 16 (UTC).
Restrictions: US residents and certain jurisdictions excluded; sanctions and wallet-risk screening enforced.
4. Read
Valuation anchor (FDV = Seed) product anchor (real AUM, audited custody) channel anchor (mature venue strict KYC) = three anchors simultaneously present. In the public-sale sample over the past 6 months this configuration is a minority case.
@Bitfi_Org Β·
bitfi.one/sale
#BitFi #BFI
Eligibility per Sonar. DYOR. Not financial advice.
Registration is now open. π³
The BitFi Public Sale starts here.
Join Now:
bitfi.one/sale