Bitfinex Adds 12 New Tokens to Trading Platform

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Bitfinex announced on Saturday the addition of 12 new tokens to be listed on its exchange and available for trading. The newly introduced tokens have a combined market cap of over USD 1.1 billion and offer traders exposure to a new source of aftermarket trading. They include Aion (AION), IOSToken (IOST), Request Network (REQ), Raiden Network (RDN), Loopring (LRC), BnkToTheFuture (BFT), Cofound.it (CFI), WAX (WAX), SingularityNET (AGI), MedicalChain (MTN), ODEM (ODEM) and Dai (DAI).

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Founded in 2012, Bitfinex states that it maintains an average 24-hour trading volume of over USD 500 million and is a leading provider of charting tools, OTC, margin trades, peer to peer financing, and a number of other advanced trading features across dozens of digital assets for the global crypto community. Its strategy focuses on providing support, tools and innovation for professional traders and liquidity providers alike.

Bitfinex CEO Jean-Louis van der Velde said, in a statement, “The introduction of such a large selection of tokens, representing a diverse array of blockchain-based projects, marks an exciting development for Bitfinex. We are proud to introduce these tokens as we believe that each serves to strengthen and enliven a unique aspect of the global blockchain ecosystem, and will offer new and exciting trading options for our users.”

Van der Velde added, “We are excited to be going the extra distance to accommodate the needs and expectations of our traders. Looking forward, we will continue to expand our service offerings to best address their needs, and to maintain an advanced and supportive trading platform for the growing digital asset community.”

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About Alex Behrens

Alex started his professional career in a data analyst role at a global electrical components distributor before transitioning to work in the blockchain industry full time in 2017. He has performed research and analysis on multiple projects including traditional securities and cryptocurrencies, and has contributed to operational design for cryptocurrency mining and other entrepreneurial projects since 2015. Alex graduated from Ithaca College in 2014 with a BS in Finance and a minor in Politics.

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