LEO is the core token of the iFinex ecosystem and is the platform currency of Bitfinex. It is issued by Unus Sed Leo Limited (a newly established subsidiary of iFinex), with a total issuance of 1 billion US dollars, 1 LEO = 1 USDT. LEO holders can enjoy iFinex's discounts on trading platforms, products and services. iFinex began operations in 2012, initially under the Bitfinex brand.