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Bitfinex Will List Its New Exchange Token Starting Monday

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Crypto exchange Bitfinex will list its new exchange token, LEO, on Monday after purportedly raising $1 billion from the initial offering.

In an announcement Friday, Bitfinex said that the token – whose full name is apparently UNUS SED LEO, also the name of the token’s formal issuer – will be listed on its platform and tradeable against bitcoin, the U.S. dollar, the tether stablecoin, ether and EOS. The company was first rumored to be considering a token sale last month, to make up for an $850 million shortfall in funds.

The exchange’s chief technology officer, Paolo Ardoino, previously said that ...

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