Bitfinex ventures into the initial exchange offers

Bitfinex joins the market of the initial exchange offers like some other important firms such as OKCoin, KuCoin and Binance in the new line of business

Tokinex is the new Bitfinex service and will announce its first token release in the coming days. Also, the debut of a second coin is expected for June 13th approximately.

Jean Louis van der Velde, CEO of Bitfinex and Ethfinex, says: “The meaning of an exchange has evolved at the same time the cryptography market enters the process of maturing. It has become a complete ecosystem, not just limited to the exchange of digital assets.”

The agreements maintained with the Initial Exchange Offerings (IEO) generally come with a commitment so that the company can handle all the checks, know their clients and fight against the money laundering of a new company. In addition, the exchange is expected to promote offers among its customer groups.

Companies that wish to be part of Tokinex will have no initial costs and after completing the fundraising the token will be included in Bitfinex and Ethfinex.

For their part, participants will register through the official site of the brand where they will receive Blockpass KYC checks, research materials on offers and settlements through their existing wallet. The new Tokinex service incorporates the new exchange token called LEO.

L.Sáenz

Source: Diario Bitcoin

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