The on-chain financial operating system Concrete will conduct its CT TGE on September 30

Concrete, the on-chain financial operating system, announced that its native governance and utility token CT will have its Token Generation Event (TGE) on September 30, 2026. CT is issued by Concrete Network, Ltd., with a fixed total supply of 1 billion tokens and no inflation mechanism. The products cover Earn, Vaults, Enterprise, and AssetCX, with official disclosures showing deposits exceeding $1.2 billion, a cumulative trading volume of over $23 billion, and more than 54,000 depositors. The development company is Blueprint Finance.

Eligible holders who lock CT can participate in governance matters related to supported strategies, collateral classifications, fee frameworks, and module operation methods. Staking users may receive adjustments to protocol-side fees based on their interactions with supported modules and may qualify for rewards based on their level of participation and protocol rules; as the protocol expands, more defined protocol decisions will gradually transition to token governance.

The distribution ratio of CT is 35% for the ecosystem, 15% for the foundation, 22% for the team, and 28% for investors. The ecosystem portion is used for community distribution, ecosystem participation, liquidity, and ecosystem growth, with contributors and investors subject to long-term vesting arrangements. The Cayman Islands foundation company Concrete Foundation is responsible for coordinating protocol governance and managing the CT treasury, while its British Virgin Islands subsidiary Concrete Network, Ltd. is the issuer. CT has deployed contracts on Ethereum and BNB Chain, with trading times, trading pairs, and qualifications determined by each platform.