URBNED Launches URBN Token on Ethereum Blockchain

In July 2025, URBNED — a UK-registered Web3 digital banking platform — officially launched the URBN token on the Ethereum blockchain, furthering its mission to deliver innovative financial solutions for immigrants and global users.

Tokenomics & Deflationary Mechanism

Total Supply: 80 million URBN tokens

Annual Burn: 4 million tokens, reducing supply until it reaches 60 million

Objective: Enhance scarcity and long-term value through a transparent, deflationary model

This approach is designed to provide sustainability while rewarding early community members and long-term supporters.

Why Ethereum?

URBNED selected Ethereum for its:

Security & Adoption: Trusted by financial institutions globally

Smart Contract Capabilities: Enables features like cash-back rewards and staking

Decentralized Infrastructure: Supports transparent, reliable transactions

This infrastructure aligns with URBNED’s broader vision to disrupt the $700B remittance market, making cross-border payments faster and more affordable.

Ecosystem Utility

The URBN token powers the URBNED ecosystem with multiple use cases:

Cashback Rewards: 0.5% cashback in URBN tokens on remittance transfers

Staking Opportunities: Up to 12% APR depending on lock-in duration

Subscription Offset: Tokens can be used to reduce service fees

Future Utility: Planned use cases include booking flights and hotels

Backed by Global Programs & Advisors

URBNED is supported by the Nova SBE Haddad Entrepreneurship Institute Web3 Creative Collective accelerator in Lisbon, gaining mentorship from leaders at Uber, Coinbase, Hacken, Blockchain Security & Compliance, 3 Comma Capital, and P1 Studio.

The project has also received recognition through its participation in the MIT FinTech competition, further establishing its credibility in the Web3 ecosystem.

Looking Ahead

— The URBNED Team