Bitfinex’s CTO: Bitfinex has raised $1 billion through LEO token in a private sale
Paolo Ardoino, Bitfinex’s chief technology officer tweeted on Monday that Bitfinex has achieved the target in just 10 days, with participation from “giant” firms from both within the cryptocurrency industry and outside. The funds were collected in the form of USDT, the stablecoin operated by the closely-linked firm Tether, according to the tweet.
. @bitfinex is able to raise 1b USDt in 10 days, in a private sale. Private companies, giants in our industry and outside, made investments for > 100m each. A legion of inside and outside users made investments for > 1m each.
— Paolo Ardoino (@paoloardoino) May 13, 2019
He further adds:
Why? Because they know we are trustworthy, they recognize what we have been doing (without needing us bragging about it publicly) and they want us keep fighting for the industry whole. Their own words. Thank you everyone for the amazing support we got. We are impressed.
Bitfinex will be aunching a dedicated exchange platform for projects to raise funds via similar initial exchange offerings (IEO) next month.
