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IEO

fundraising
event

A token sale administered through a cryptocurrency exchange, combining fundraising with exchange-led onboarding and listing support.

Also known as
Initial Exchange Offering
1
fundraising

An Initial Exchange Offering is a token sale where an exchange hosts the sale, collects participant funds, applies eligibility rules, and often lists the token afterward. It shifts some operational work from the project team to the exchange.

2
process

IEO participation usually depends on exchange-specific rules such as identity verification, residency restrictions, holding requirements, lottery tickets, or allocation tiers. Tokens are commonly delivered to exchange accounts before trading begins.

3
advantages

Compared with a self-run ICO, an IEO can offer stronger operational controls, clearer instructions, exchange custody, standardized compliance checks, and immediate market access. These benefits depend heavily on the exchange's quality and incentives.

4
risk

IEOs still carry project, market, custody, conflict-of-interest, and regulatory risks. Exchanges may benefit from fees, marketing, or token arrangements even when buyers bear most downside.

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All terms and definitions may update as the Cryptionary improves.