Cryptocurrency trading platform EXMO has canceled its public token generation event, due to a full supply of its own funds for margin loans and product launches.
EXMO Cryptoсurrency Platform has announced that the start of the EXMO Coin (EXO) crowdsale will be pushed for two months. The team’s decision was caused by the rapid expansion of business, and the necessity to postpone the introduction of margin lending on EXMO platform. The new EXMO Coin crowdsale timing is April 26 — May 26, 2018.
The EXMO platform is to provide margin loan services, with EXO token holders monthly receiving half of the revenue generated from the lending activities.