Share this article
FIGHT Token Sale Raises $183M as UFC Partner Fight.ID Seeks to Bring Combat Sports Onchain
The Solana-based project’s second ICO in a week far surpassed expectations as retail investors double down.
Updated Oct 30, 2025, 4:41 p.m. Published Oct 30, 2025, 2:07 p.m.
What to know:
- The FIGHT token sale raised $183 million, following a $15.7 million raise earlier this week — both far more than their targets.
- Fight.ID, a UFC partner licensed through Concept Labs, aims to use the token for governance, staking, and prediction markets around combat sports.
- Recently hyped token launches, like Plasma's XPL token, have tumbled significantly after launch.
Fight Foundation, which oversees the governance of the Ultimate Fighting Championship-partnered Fight.ID ecosystem that aims to bring combat sports fandom and athlete engagement onchain, raised $183 million from the sale of its FIGHT token, just days after an earlier sale garnered $15.7 million, according to data from the token’s public sale site.
The foundation, an independent, non-profit steward of the ecosystem, had targeted $1.5 million target for the most recent token sale and $750,000 for the Oct. 27 round. The initiative is licensed through Concept Labs, which holds UFC-related intellectual property and sponsorship rights. Fightfi, the company behind Fight.ID, announced an expanded UFC partnership on Sept. 16.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
FIGHT, built on Solana, will serve as the ecosystem’s native token. Use cases include governance, staking and payments.
According to Fight’s published tokenomics, the FIGHT supply is capped at 10 billion tokens, distributed across community incentives (57%), investors (17.5%), the core team (15%), liquidity (6.5%), and advisors (4%).
As of Thursday, blockchain data from Solscan shows 3,776 deposits made to the project’s fundraising address. The UFC’s official account on X publicly acknowledged the collaboration earlier this month.
It's worth noting that hyped token sales can create volatility once the token is distributed; this was seen with Plasma's recent launch of XPL, with the token subsequently tumbling by more than 80% just one month after it was issued.
CORRECT (Oct. 30, 16:30 UTC): Rewrites headline to remove UFC endorsement, first paragraph to clarify FIGHT token issuer; removes reference to prediction markets for UFC events from fourth paragraph; adds roles of Fight Foundation, Fightfi.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
