What is the Value of UNUS SED LEO? — Market Mad House
By Daniel G. Jennings on The Capital
UNUS SED LEO (LEO) is one of many utility tokens they design to monetize a tech company and its platforms.
iFinex Inc. created UNUS SED LEO to provide liquidity to its Bitfinex trading platform. To that end, iFinex launched UNUS SED LEO with $1 billion in exchange and an initial budget deficit of $850 million.
iFinex leveraged its platform by listing the LEO token on Bitfinex on 20 May 2019. LEO has a number of interesting…