<h1>Bitfinex Planning Billion-Dollar Initial Exchange Offering</h1>

bitfinex-planning-billion-dollar-initial-exchange-offering

Zhao Dong, shareholder of the embattled cryptocurrency exchange Bitfinex, reveals the exchange’s plans to raise funds through an initial exchange offering (IEO). The IEO will only be open to serious foreign investors who are willing to put up the $1 million buy-in.