Slash announced a signed agreement with a major Japanese credit card issuer to launch the Slash Card, billed as the first crypto-backed credit card fully compliant with Japan's regulations, with official launch scheduled for 2025.
Following earlier listings on Bybit, MEXC, and Zoomex, SVL/USDT trading began on Gate.io at 12:00 UTC on August 30, 2024, with a GT-holder airdrop campaign ahead of the Slash Card rollout.
After a Bybit Web3 IDO ran April 22–26, 2024 (26.3M SVL at 0.0019 USDC), the SVL token listed on Bybit spot and began trading at 10:00 UTC on April 29, 2024 — its token launch of record.
The core Slash Payment protocol mainnet went live, enabling merchants to accept a wide range of tokens across multiple chains via smart contracts; the project's own white paper also records the mainnet launch in August 2022.
Slash opened its payment testnet as the first step in building its decentralized crypto payment protocol; per the project's roadmap, the testnet launched in June 2022.
The parent company behind the Slash web3 payments project was incorporated in the British Virgin Islands, with CEO Shinsuke Sato, laying the groundwork for a crypto payment ecosystem in Japan.
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