$BANK Token Sale Opens for Poker Staking on Solana

FANtium AG, a Switzerland-registered company, launched the $BANK token sale on March 4 via Metaplex Spotlight. The token offers on-chain exposure to a professionally managed poker bankroll, replacing private staking deals with a tradable asset.

Buyers deposit $SOL during a window that ends March 6 at 00:00 UTC, with tokens distributed proportionally based on total deposits and no advantage for early buyers. The public sale allocates 50 million tokens from a total fixed supply of 1 billion, all fully unlocked at launch. The remaining 950 million tokens follow vesting schedules and staged unlocks. Metaplex charges a 2% protocol fee on deposits.

FANtium positions $BANK as a transparent alternative to private poker staking, which lacks on-chain visibility and liquid exit options. Capital raised will fund high-stakes tournament buy-ins, with treasury activity observable on-chain. The project references planned buybacks, token-gated utility, and fee routing as future mechanisms, but none are operational at launch.

Metaplex's Genesis ICO track record shows an average all-time-high return of 8.63x across six launches, led by Collector Crypt at 19.7x and Omnipair at 16.3x. However, most tokens experienced volume drops of 99% within the first week post-launch.

On-chain prediction markets recorded ₱9.71 trillion ($166 billion) in trading volumes by mid-October 2025, signaling growing demand for specialized betting products. Metaplex generated ₱801.01 million ($13.7 million) in protocol revenue during the first half of 2025. The sale requires no KYC except for restricted jurisdictions and accepts only $SOL as payment.