Bitfinex token sale has lined up $1 billion in commitments, shareholder says

According to Bitfinex shareholder Dong Zhao, Bitfinex has received both hard and soft commitments of $1 billion Tether ($USDT) for the planned initial exchange offering (IEO) of token LEO. Zhao says that it's possible the exchange does not conduct a public offering if all funds are secured beforehand.

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