Day 14/365 talking crypto, today we’re diving into $MITO :
The story of Mitosis (MITO) is fresh and marked by rapid growth aimed at tackling liquidity fragmentation in decentralized finance (DeFi).
Mitosis was birthed by Jake Kim in South Korea after a two-year development phase focused on fixing the inefficiencies of moving capital across different blockchains. The project gained global traction in April 2024 when it raised $7 million in a funding round led by firms like Foresight Ventures, Amber Group, and GSR.
Towards the end of 2024 and the start of 2025, the team ran trial campaigns known as "Expeditions," attracting hundreds of thousands of users and accumulating over $100 million in deposits even before the network was fully operational.
Their big leap into the mass market happened on August 28, 2025, when the MITO token was listed simultaneously on high-profile platforms like Binance. Just a few days later, on September 8, the Mainnet Beta was activated, allowing their "programmable liquidity" system to officially kick in.
Recently, in March 2026, the network hit a major economic milestone by releasing a massive amount of locked tokens (181 million tMITO), solidifying its current financial structure and its position as a key infrastructure for connecting capital in the DeFi ecosystem.
The story of Mitosis (MITO) is fresh and marked by rapid growth aimed at tackling liquidity fragmentation in decentralized finance (DeFi).
Mitosis was birthed by Jake Kim in South Korea after a two-year development phase focused on fixing the inefficiencies of moving capital across different blockchains. The project gained global traction in April 2024 when it raised $7 million in a funding round led by firms like Foresight Ventures, Amber Group, and GSR.
Towards the end of 2024 and the start of 2025, the team ran trial campaigns known as "Expeditions," attracting hundreds of thousands of users and accumulating over $100 million in deposits even before the network was fully operational.
Their big leap into the mass market happened on August 28, 2025, when the MITO token was listed simultaneously on high-profile platforms like Binance. Just a few days later, on September 8, the Mainnet Beta was activated, allowing their "programmable liquidity" system to officially kick in.
Recently, in March 2026, the network hit a major economic milestone by releasing a massive amount of locked tokens (181 million tMITO), solidifying its current financial structure and its position as a key infrastructure for connecting capital in the DeFi ecosystem.