A newly formed subsidiary of iFinex, Unus Sed Leo Limited (USL), commenced on May 8, 2019, to sell up to 1 billion USDt of newly created UNUS SED LEO tokens in a private sale to selected purchasers meeting the qualifications described in the token sale documentation. The tokens are intended to be the utility tokens at the heart of the iFinex ecosystem.
About iFinex: iFinex started operations in 2012, initially operating under the Bitfinex brand, making it one of the longest-standing exchanges in the blockchain industry. Since then, iFinex, through its trading platforms, has become one of the most widely recognized companies in the cryptocurrency sector, with a community of passionate entrepreneurs, idealists, and technologists that have together contributed to one of the best growth stories in our industry.
The LEO token white paper can be seen here