iFinex Announces Private Sale of LEO Token
May 10, 2019 — In order to address certain market rumors, iFinex Inc. announces information about a private sale of UNUS SED LEO tokens.
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A newly formed subsidiary of iFinex, Unus Sed Leo Limited (USL), commenced on May 8, 2019 to sell up to 1 billion USDt of newly created UNUS SED LEO tokens in a private sale to selected purchasers meeting the qualifications described in the token sale documentation. The tokens are intended to be the utility tokens at the heart of the iFinex ecosystem. The tokens are not being offered for sale to the general public or to any person or entity in the United States, Canada, and other jurisdictions specifically set forth in the token sale documentation. Token holders will experience benefits across iFinex cryptocurrency exchanges and are expected to obtain benefits from future iFinex projects, products, and services. USL expects to complete its private sales within the next 7 days, although there is no requirement that it do so.
The LEO token white paper can be downloaded here.
About iFinex: iFinex started operations in 2012, initially operating under the Bitfinex brand, making it one of the longest-standing exchanges in the blockchain industry. Since then, iFinex, through its trading platforms, has become one of the most widely-recognized companies in the cryptocurrency sector, with a community of passionate entrepreneurs, idealists, and technologists that have together contributed to one of the best growth stories in our industry.
The material provided herein is for informational purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy any LEO tokens. Any sale would be made only through a token purchase agreement, the terms of which supersede any description contained herein. LEO tokens have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States.