Pudgy Penguins' $PENGU Token Now Supported by Paxos Crypto Brokerage
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pudgypenguins announced today that the @Paxos Crypto Brokerage now supports PENGU, the native token of the Pudgy Penguins ecosystem.
This partnership allows PENGU to be listed on some of the largest retail trading platforms and exchanges, reaching a combined user base of over 500 million people worldwide, according to the announcement.
Pudgy Penguins, originally an NFT collection of 8,888 unique penguin characters on Ethereum, has evolved into a global Web3 brand under the leadership of Luca Netz, who acquired the project in April 2022. The project blends digital ownership with physical merchandise and community culture, and PENGU serves as its ecosystem token.
Paxos is a regulated blockchain infrastructure platform that provides crypto brokerage services to major exchanges and fintech companies. Its support for PENGU could significantly expand the token's accessibility to mainstream retail investors.
The team indicated that more details about the integration and upcoming listings will be shared soon.
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