Fastex Becomes First Exchange Globally to Issue Collectible Currency Notes Backed 1:1 by FTN Token
Dubai, UAE, July 28th, 2025, Chainwire
Secure and ultra-fast trading platform Fastex has announced the release of a series of collectible currency notes, each backed 1:1 by FTN token, the platform’s native cryptocurrency. The initiative bridges the gap between physical collectibles and digital assets, offering users a new way to experience and own crypto. In addition, Fastex has shared details of Harmony Meetup, the annual event that unites top minds from Web3 and iGaming, where it unveiled its roadmap.
The product of intensive research and development, the collectible currency notes feature advanced, banknote-grade anti-counterfeit features. These 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.
Fastex CEO Vakhtang Abrahamyan said: “The FTN notes symbolise the evolution of currency. 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 is excited to be at the forefront of the intersection of physical and digital finance and to continue to find new ways to engage users with novel initiatives.”
Joe Galloso, International Sales Director at Authentix, added: “It has been a pleasure working on this project, which combines traditional currency-grade security with blockchain technology. 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.”
The notes were first unveiled at Harmony Meetup VII on July 9 along with the launch of the new Fastex crypto debit card and a premium metal version. These products embody Fastex’s goal of connecting digital assets with real-world use. During the course of the annual event for the web3 and iGaming sectors, attendees had a chance to get hands-on with Fastex’s latest products and speak directly with the team behind the technology.
Each note is fully asset-backed and pegged 1:1 with FTN, offering a tangible, secure extension of the digital currency. Users can verify the authenticity via NFTs representing their notes and redeem them for tokens at any time, burning the NFTs upon usage. Authentication is further guaranteed by Authentix which serves as a third-party authentication provider.
Holders of the collectible currency notes are entitled to perks such as access to events, airdrops, and early access to new Fastex products. The FTN-backed notes are available for purchase by Fastex users now via the Yo Cash website following completion of a KYC process. YoCash is managed by Fastex in collaboration with Authentix, a verification company with over 25 years of experience in preventing counterfeits.
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.