Bitfinex just announced its first foray into the increasingly popular business of initial exchange offerings.
Bitfinex will list its LEO exchange token on Monday, trading against bitcoin, ether, EOS, tether and the U.S. dollar.
Certain initial exchange offerings (IEOs) may be breaking U.S. securities laws, an SEC official said.
Crypto exchange Bitfinex’s $1 billion private token sale will launch next month, according to its just-released official white paper.
The ICO market might have cooled, but there's still fundraising going on in the blockchain space – it's now being done through the IEO, or initial…