Gensyn'S $AI Token Recieves Binance And Coinbase Support

By BSCN
about 18 hours ago
TOKEN AI TOKEN ALPHA APRIL

Binance Alpha and Coinbase Back Gensyn's $AI Token Debut

@gensynai's long-awaited $AI token went live on April 29, 2026, with two of the industry's biggest platforms confirming support ahead of launch. Both @Binance Alpha and @Coinbase announced they would list the token, with Binance Alpha serving as the first exchange to go live — giving eligible users early access through the platform's Alpha Points system.

Binance Alpha launched trading for Gensyn ($AIGENSYN) on April 29, 2026, with users able to receive an airdrop through the Alpha Events page. Users needed at least 227 Binance Alpha Points to qualify, receiving allocations on a first-come, first-served basis. Binance Futures also launched a USDⓈ-backed AIGENSYN perpetual futures contract the same day.

Gensyn's $AI token subsequently became available on Coinbase, opening U.S. trading for the decentralised AI compute network. The token also launched across MEXC and Kraken on the same day.

A Well-Backed Project With Deep Roots in Decentralised AI

Gensyn describes itself as decentralised infrastructure for AI to train, verify, trade, and evolve — powered by $AI. The Gensyn network is a machine learning compute protocol that unites global compute into a single open network, operating as a layer-1 trustless protocol that rewards participants for contributing their compute time to ML tasks.

The project carries considerable institutional weight behind it. Gensyn is backed by notable investors including a16z crypto, Galaxy Digital, and CoinFund, and has raised over $78 million in total funding since its founding in 2020. Its Series A round alone secured $43 million, led by venture capital giant a16z. More recently, the Gensyn Foundation raised $16.14 million through a token sale in December 2025, and earlier raised $16.7 million in a venture round led by a16z crypto that valued the network at $1 billion fully diluted.

Beyond the compute layer, Gensyn has also launched Delphi, an AI-settled information markets platform aimed at opening a new category of niche, creator-owned markets. The protocol charges a 0.5% fee on all volume, which is used to buy the $AI token and burn a portion of it — creating a value accrual mechanism across the network.

The token launch marks a significant milestone for one of crypto's most closely watched AI-infrastructure plays, combining a strong institutional backer list with a growing product ecosystem ahead of what promises to be a closely monitored trading debut.

Sources:
The Block — Gensyn launches Delphi, an AI-settled information markets platform
CoinDesk — Gensyn closes $43M Series A funding round led by a16z
PANews — Binance Alpha launches Gensyn (AIGENSYN) trading

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