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Cryptocurrency exchange Bitfinex has announced the launch of its own Initial Exchange Offering (IEO) platform.

Medium

The so-called Tokinex platform will hold the first token sale at 13:00 GMT+1 on the 13th June, with qualifying customers able to start verification via the BlockPass app the same day, states the official announcement.

"Qualified users simply complete KYC for each sale using the Blockpass mobile app and then contribute their funds from their personal exchange wallet when the sale opens," notes the announcement.

Earlier this year, Bitfinex introduced trading for RSK Infrastructure Framework token (RIF) available against BTC and USD, according to the official announcement. As it states, the RIF token is a token which is developed on the RSK platform. It's allowing holders to consume with services within the RIFOS framework.

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