TechFlow News: RWA protocol VaporFund ($VPR) has announced a merger with automated market maker Ellipsis ($EPX), forming a new entity named VPX ($VPX). This merger aims to propel the $VPX token into the top 100 cryptocurrencies by market capitalization. The new entity will combine VaporFund’s institutional-grade physical asset products with Ellipsis’s decentralized exchange expertise, backed by support from Visa.
Merger highlights:
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Total supply of 3 billion tokens, with 65% allocated to EPX holders and 35% to VPR holders.
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Plans to launch the VPX App, integrating Visa card functionality and offering diversified investment options.
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Integration of diverse products including real-world assets, meme tokens, restaking, and a fun-oriented meme DEX.
VaporFund's CEO stated that the merger is expected to drive $VPX to a total valuation of $1 billion.
