New DeFi token sells out
Pepeto, an Ethereum‑based DeFi token, completed a sold‑out presale and is moving toward a Binance listing while building a DeFi exchange and cross‑chain bridge for zero‑cost routing across Ethereum, BNB Chain and Solana — analysts flag UAE regulatory scrutiny and recommend sticking to registered, audited projects Markets Insider regulatory note.
Pepeto’s own presale dashboard shows US$7,973,387 raised against an $8,322,612 cap on the live counter. pepeto.io Independent coverage places the project’s haul in the same ballpark, with multiple outlets reporting totals between roughly $7.2 million and $7.9 million as rounds closed. financialcontent.com The team published smart‑contract audits from SolidProof and Coinsult, with the SolidProof report linked on the project site and a Coinsult audit PDF available in public repositories. pepeto.io A March 6, 2026 press release names a former Binance executive as a Pepeto advisory board member, and other project materials assert involvement from a co‑founder of the original Pepe ecosystem. markets.businessinsider.com Project press releases and syndicated coverage describe a Binance listing as “confirmed” or “approaching,” but market trackers show PEPETO trading only on a small number of venues for now rather than appearing in an official Binance listing feed. financialcontent.com Dubai’s Virtual Assets Regulatory Authority issued a market alert on March 5, 2026 ordering KuCoin‑linked entities to cease unlicensed virtual‑asset services, highlighting an active UAE enforcement posture. vara.ae Legal commentary notes Federal Decree Law No. 6 of 2025 brings DeFi protocols and related activities within UAE regulators’ scope and advises projects to align systems ahead of a September 2026 transition timetable. cointelegraph.com VARA’s notice also tells consumers to verify providers on its Public Register, and industry coverage flags those registry checks and on‑chain audits as the practical due diligence to prioritize while presales and exchange‑listing claims continue to circulate. vara.ae Pepeto’s team says exchange development is about 94% complete and lists a PepetoSwap DEX plus a cross‑chain bridge on its roadmap as near‑term launches; the next concrete milestones to watch are a tier‑one exchange’s official listing announcement and any UAE regulatory updates to VARA’s public register. financialcontent.com
