Yield Basis (YB) Token TGE Set for October 15

The long-awaited Yield Basis (YB) token launch is set for October 15, 2025, marking a big step for Legion’s growing tokenization ecosystem. According to the announcement, token distribution will begin at 10:00 a.m. UTC, followed by spot trading at 11:00 a.m. UTC across major exchanges, including Binance and Kraken.

Developed by Michael Egorov, co-founder of Curve Finance, Yield Basis is a decentralized yield-management protocol focused on on-chain credit aggregation and BTC-backed yield strategies. The project aims to create sustainable yield opportunities by combining leveraged positions and automated rebalancing mechanisms.

Legion’s Role in Fundraising

Legion is providing a merit-based presale mechanism via its “Legion Score” system. Users who have high Legion Scores (based on on-chain activity, social contributions, GitHub, etc.) have priority access to a portion (up to ~20%) of the YB token sale. The project is from Michele Yegrov, Curve Co-founder.

The launch is expected to attract significant liquidity as investors position for one of Q4’s most closely watched token events.

The YB debut also built the momentum behind Legion’s recent collaboration with Kraken. The partnership integrates Legion’s fundraising infrastructure with Kraken’s 15 million-strong user base, allowing retail investors global access to early-stage crypto, AI, and Web3 projects through the Kraken Launch platform.

The coordination between both companies reflects a shift toward developing a more structured framework for on-chain fundraising, one that mixes accessibility with regulatory rigor.

Token launches like Yield Basis are gaining institutional credibility once reserved for traditional capital markets.

As trading begins on October 15, the partnership will test whether compliant token sales can scale effectively across both centralized and decentralized platforms.