Monochrome Exchange (@Monochrome_EN), founded by Jeff Yew (@jeffyew_), co-founder and former CEO of Binance Australia, has launched its $MCR IEO, raising over 5.5M $USDT so far. https://t.co/nAOoevWvtu https://t.co/fRml53WAng
Why now
Thesis: Crypto fundraising continues despite mixed sentiment
Catalyst to watch: MCR token listing and trading volume
Main risk: New token fails post-IEO
Why it matters
A new exchange IEO raising USDT signals continued crypto fundraising appetite, but a single raise says little about broader market direction.
Details
Monochrome Exchange (@Monochrome_EN), founded by Jeff Yew (@jeffyew_), co-founder and former CEO of Binance Australia, has launched its $MCR IEO, raising over 5.5M $USDT so far. https://t.co/nAOoevWvtu https://t.co/fRml53WAng
Sources
- x · 2026-09-27 12:54 UTC