TechFlow News: On June 19, according to an official announcement, the cryptocurrency exchange CoinUp announced the official launch of its CoinUp Alpha (CPA) Initial Exchange Offering (IEO) at 12:00 PM (UTC+8) on June 19.
CPA is the native utility token of the CoinUp ecosystem, designed to support the development of multiple application scenarios, including DeFi, AI, and GameFi. This IEO features an “automatic refund for oversubscribed funds” mechanism and adopts a “fair distribution” model to ensure equitable participation for all users.
Per the official timeline, the IEO subscription period will run from 12:00 PM to 2:00 PM (UTC+8) on June 19 to June 20; token distribution will occur between 4:00 PM and 6:00 PM (UTC+8) on June 20; and CPA trading will officially go live at 8:00 PM (UTC+8) on June 20.
