Poundtoken was a GBP-pegged stablecoin issued by Blackfridge SC Limited that operated as a 1:1 pound sterling-backed token on Ethereum. As of April 2025, the UK FCA reported that Poundtoken no longer appeared to be listed on any exchange and that its issuer's website was unavailable. Poundtoken's Twitter Score is 2.2 out of 1000 as of July 2026, ranking #333,447 among 531,432 tracked accounts.
Poundtoken launched on July 11, 2022, with its token contract deployed on Ethereum. At its peak in May 2023, the project reached a market capitalization of up to £2.3 million, with approximately 2,000 wallet addresses recorded as holders. Gate Ventures and FunFair Ventures had previously backed the project. Digivault formerly served as custodian, and KPMG Audit LLC previously provided independent assurance for the token's reserves.
Poundtoken was delisted from Gate on June 12, 2024, after the exchange concluded the project no longer met its trading standards. The FCA subsequently described it as a previously circulating stablecoin, with its issuer's website no longer accessible as of April 2025. Poundtoken has published 383 posts on the platform and has been mentioned by 14 accounts a total of 43 times.
Who follows Poundtoken on X?
The accounts that follow Poundtoken include 7 founders, 1 angel investors and 6 influencers, among them Blocmates, Ryanberckmans, Mikko Ohtamaa, MoonPay Commerce, LBank.com and Anthony Rose.