# Bitfinex and Ethfinex Introduce Trading for Lympo, Utrust, BLOCKv, and DADI
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2018-06-02
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Bitfinex and Ethfinex introduce new tokens with $200 million
Meta Description: Discover the latest additions to Bitfinex and Ethfinex trading platforms - Lympo, Utrust, BLOCKv, and DADI - with a total market cap of $200 million. Learn more
URL: https://financedigest.com/bitfinex-and-ethfinex-introduce-trading-for-lympo-utrust-blockv-and-dadihtml

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_The new tokens currently have a combined market cap of $200 million_

**Taipei, Taiwan – May 31, 2018** – [Bitfinex](https://www.bitfinex.com/), the world’s leading digital asset trading platform, together with [Ethfinex](http://www.ethfinex.com/), a hybrid decentralized Ethereum exchange, have announced the introduction of four new tokens — Lympo, Utrust, BLOCKv, and DADI — to their platforms. The newly introduced token listings have a combined market capitalization of $200 million USD, representing a significant addition to the Bitfinex trading platform.

“The addition of these tokens shows our continued growth of service and a significant expansion of our offering. With this sustained progress, our traders can benefit as more diverse trading opportunities are [made available](https://www.financedigest.com/lyme-disease-treatment-market-forecast-to-2031-made-available-by-top-research-firm.html "Lyme Disease Treatment Market Forecast to 2031 Made Available by Top Research Firm") to them,” said Kasper Rasmussen, Director of Communications at Bitfinex.

The tokens have been chosen via a community vote hosted on Ethfinex, through which users of the two platforms were given the chance to dictate listings. Rather than depending on the outdated [listing fees used by many other exchanges](https://www.financedigest.com/ceo-blume-hails-historic-moment-as-porsche-ag-lists-on-frankfurt-exchange.html "CEO Blume hails ‘historic moment’ as Porsche AG lists on Frankfurt exchange"), Bitfinex and Ethfinex determine listings through user engagement to ensure new listings are aligned with community demand. The voting process uses an innovative decentralized application built on the Ethereum blockchain, and is hosted at [https://nectar.community](https://nectar.community/).

Bitfinex is a leading provider of a number of advanced trading features and charting tools, peer-to-peer financing, OTC and margin trading across a number of [digital assets for the growing global](https://www.financedigest.com/the-global-digital-label-printing-market-will-grow-at-a-significant-cagr-throughout-2020-2030.html "The Global Digital Label Printing Market Will Grow At A Significant CAGR Throughout 2020-2030") crypto trading community. This includes a recently announced collaboration with Connamara to release a FIX (Financial Information eXchange) digital asset gateway which will deliver an open-source, high-performance [solution for professional traders wishing to enter the digital asset markets](https://www.financedigest.com/the-patient-monitoring-handheld-solutions-market-to-be-constructively-capsized-by-the-digitization.html "The Patient Monitoring Handheld Solutions Market to be constructively capsized by the digitization"). With the successful deployment of the FIX gateway, Connamara and Bitfinex provide improved [access to digital](https://www.financedigest.com/bridging-the-gap-between-banking-and-digital-accessibility-in-todays-digital-by-default-world.html "Bridging the Gap Between Banking and Digital Accessibility in Today’s ‘Digital by Default’ World") asset liquidity for brokers, institutions, and professional traders around the world. Bitfinex now boasts more than 60 listings for traders globally, against both [fiat and crypto](https://www.financedigest.com/alloy-partners-with-fiat-republic-to-democratize-fraud-free-crypto-trading-and-simplify-fiat-access.html "Alloy Partners with Fiat Republic to Democratize Fraud-Free Crypto Trading and Simplify Fiat Access") pairs.

Ethfinex is an Ethereum trading [platform](https://www.financedigest.com/stock-trading-platforms-for-beginners.html "Stock Trading Platforms for Beginners") which combines centralised and decentralised trading portals to form a hybrid trading experience that gives users full control of their trading efforts. Ethfinex launched in January 2018, generating a trading volume of 2.4 [billion USD](https://www.financedigest.com/pvdc-coated-films-market-is-projected-to-reach-usd-12-3-billion-by-2028-at-a-cagr-of-4-6-from-2022-to-2028-fmi.html "PVDC Coated Films Market is projected to reach USD 12.3 billion by 2028, at a CAGR of 4.6% from 2022 to 2028: FMI") in its first month of operation.

At the time of the new listings, Bitfinex has a 24-hour trading volume of more than $600 million. For more information, please visit [www.bitfinex.com](http://www.bitfinex.com/).


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