Secure and ultra-fast trading platform Fastex recently announced the release of a series of collectible currency notes, each backed 1:1 by FTN token, the platform’s native cryptocurrency. Unveiled on July 9th at the Harmony Meetup 7 in Yerevan, Armenia, the annual event that unites top minds from Web3 and iGaming, these currency notes feature advanced, banknote-grade anti-counterfeit features provided by Authentix. The notes include serial numbers, intaglio ink, optically variable ink, and metallic security foil along with elegant designs based on the planets in the solar system. Each note is redeemable at any time for its full value in FTN on the Fastex exchange. This collaboration marks a significant milestone in merging traditional banknote security with blockchain innovation, offering users a tangible and secure way to engage with digital assets.
The collectible notes, are the result of extensive research and development. Designed and printed by Royal Joh. Enschede, an Authentix Company, each note features banknote-grade anti-counterfeit technologies in use by central banks around the world , including serial numbers, intaglio and optically variable inks, metallic security foils, and a polymer substrate. These features ensure the notes have the highest standards of authenticity and durability.
As a global expert in authentication technologies and over 25 years of experience, Authentix ensures the integrity of each note as the third-party authentication provider for FTN. The currency notes are fully asset-backed and redeemable for their full value in FTN on the Fastex exchange. Users can verify authenticity through NFTs linked to each note, which are burned upon redemption, adding another layer of digital security. With this project, Fastex becomes the first Web3 crypto exchange to offer a secure, physical banknote paired with the digital cryptocurrency token registered on its exchange platform.
With over 25 years of experience in securing currencies and products worldwide, Authentix’s involvement in this project highlights the growing importance of authentication and verification in the Web3 space. The Fastex banknote initiative sets a new benchmark for how physical and digital assets can coexist securely.
Watch the full interview with Joe Galloso, Authentix’s International Sales Director, on the Fastex Crypto Banknote designed and printed by Royal Joh. Enschede and authenticated by Authentix: https://x.com/BTCTN/status/1947657889482440973
