# Infinex Banks $67.7M from Patron NFT Sale

*Author: Kazu Umemoto*
*Published: Oct 28, 2024*
*Source: https://www.bankless.com/fr/infinex-banks-67-7m-from-nft-sale*

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Infinex has captured plenty of attention over its plans to Disrupt the exchange industry. Notable investors are betting on its success, contributing to its Patron NFT sale.

## Key Highlights:
- **Patron NFT Sale:** Infinex’s recent Patron NFT sale raised an impressive $67.7M. The sale resulted in 1,601 accounts holding a total of 43,284 Patron NFTs, with an additional 5,800 NFTs reserved for upcoming campaigns.
- **Investor Backing:** As expected, high-profile VCs and angel investors participated as well. Noteworthy names include Peter Thiel, Vitalik Buterin, Jesse Pollak, and others.

## Bankless Take:
The success of the Patron NFT sale is a promising start for Infinex, though they’re entering an uphill battle with Coinbase and Kraken as major competitors. Industry shakeups like these drive innovation however, and Infinex could follow a path similar to Blur’s rivalry with OpenSea, a David vs. Goliath story that showed if you build a strong product, users will follow.

> We are thrilled to announce the completion of our $67.70M Patron Sale with support from leading founders, foundations, funds and communities across the onchain ecosystem.Infinex is ushering in the next phase of our industry, the "post-CEX era". [pic.twitter.com/MVxrObVrbn](https://t.co/MVxrObVrbn)— Infinex (@infinex_app) [October 28, 2024](https://twitter.com/infinex_app/status/1850855416118628833?ref_src=twsrc%5Etfw)