ETM surges 173% following OKEx Initial Exchange Offering (IEO)

En-Tan-Mo (ETM) has rallied 173% since launching a token sale through OKEx’s OK Jumpstart platform.

It becomes the third token to be launched through the scheme, with UK-based Wirex being scheduled for a token offering later this month.

“The ETM sale has created a new wave of interest in blockchain. We are more than impressed with the significant result. Advised by Nobel Prize winners, ETM is the first 3.0 blockchain project committed to fulfilling the SHD completeness of blockchain. It signifies the start of a new era,” said Andy Cheung, Head of Operations of OKEx.

“We are ready for the next project, and we cannot wait to make it known to the world. Wirex, a leading digital payment platform, is a new concept of crypto debit card that will bring changes to the financial ecosystem. By launching Wirex, we do not aim to compete with or replace the traditional systems. Instead, it can be mutually beneficial as all sorts of future financial needs can be catered for.”

Coin Rivet reported on Wirex’s decision to launch its own token earlier this week. A pre-IEO sale will take place this Thursday, with $2 million set to be raised in preparation for the IEO on OKEx later this month.

“We believe that the nascent token economy will eventually replace conventional fiat currency as the dominant form of payment,” said Wirex CEO Pavel Mateev.

“The Wirex Token helps us integrate with the payment environment of the future and offer users a convenient, fast, and cost-efficient way to move digital money across borders.”

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