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Bitfinex Enters the Popular Business of Initial Exchange Offering (IEOs)

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Summary: Bitfinex announced today its entry into the initial exchange offerings race with a new Bitfinex service called Tokinex, the first token to be launched this Thursday, followed by the debut of a second token on June 13. Bitfinex follows other major exchanges like OKCoin, KuCoin and Binance into this new line of business. Thus far there have been several ...

Bitfinex announced today its entry into the initial exchange offerings race with a new Bitfinex service called Tokinex, the first token to be launched this Thursday, followed by the debut of a second token on June 13. Bitfinex follows other major exchanges like OKCoin, KuCoin and Binance into this new line of business. Thus far there have been several advantages to fundraising with an IEO over an initial coin offering (ICO).

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