Capture the industry? Token IPOs target $ 200T global financial market
Earlier in May, INX Limited – a Gibraltar-based blockchain trading platform – announced the completion of its INX token sale event, which took place through an initial public offering. The event marked the first time that the United States Securities and Exchange Commission approved a crypto-asset IPO.
The SEC has been consistent in its characterization of most crypto assets as securities. Indeed, this position has been at the forefront of the commission’s campaign against startups that issued digital assets during the initial coin supply mania of 2017 and 2018.
Fusion Media or anyone involved with Fusion Media will accept no responsibility for any loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.