ILO, Inside Listing Offering

ProBit Global
ProBit Global
Published in
1 min readJun 3, 2019

ILO is a concept applied to the cryptocurrency market by applying the Refixing method of CB (Convertible Bond) and BW (Bond with Warrant), which is a method of investing by listed companies in the existing capital market. The Korea M&A Center (http://www.mnacenter.com) has designed this method upon consultation with financial and legal experts to provide a safe way to invest in cryptocurrency.

Because existing common methods of investing in cryptocurrency, ICO (Initial Coin Offering), and IEO (Initial Exchange Offering), target uncertain blockchain projects before listing on an exchange, there is a high risk of the cryptocurrency decreasing in value after the listing. In order to overcome this, the ILO pays an additional cryptocurrency to refund the value of 110% of the existing investment through Refixing, if the value of the cryptocurrency falls below the purchase price.

In addition, the Korea M&A Center selects ILO projects under strict criteria. Applications will only be accepted for projects that satisfy the following conditions: exchange listing for a minimum of 6 months listing, listing on five or more exchanges, transaction amount, amount of collateral holdings, existence of a real-life service or Dapp, a confirmed profit model, a Mainnet and technological capability, and real-life use.

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ProBit Global
ProBit Global

Published in ProBit Global

ProBit Global is a Top 20 crypto exchange worldwide servicing crypto enthusiasts with unlimited access to trade and buy Bitcoin, Ethereum and 800+ altcoins in 1000+ markets.

ProBit Global
ProBit Global

Written by ProBit Global

ProBit Global is a Top 20 crypto exchange worldwide providing unlimited access to trade and buy Bitcoin, Ethereum and 600+ altcoins in 1000+ markets.