Ocean Protocol ($OCEAN) and Bittrex International announced on April 17 an Initial Exchange Offering (IEO) of OCEAN tokens to raise funds for the development of Ocean's decentralized data exchange protocol. The offering will officially start on Tuesday, April 30. In a press release shared with Messari, Bill Shihara, CEO of Bittrex, said the exchange looks forward to working with the Ocean Protocol team as part of the exchange's mission to "incubate innovation" through the IEO process.