ICOs
Auto Added by WPeMatico
David Sacks’s new startup wants make it safer for old-guard industries to jump into crypto
SEC chairman Jay Clayton made clear today that his agency, along with the Commodity Futures Trading Commission, remains acutely concerned about initial coin offerings and crytocurrency trades. In fact, toward that end, they’re now looking for more expansive powers when it comes to protecting customers on cryptocurrency exchanges from fraud.
“When you have an unregulated… Read More
Powered by WPeMatico
Equity podcast: The Uber saga, delayed IPOs and just what is an ICO?
Hello and welcome back to Equity, a social experiment regarding how many acronyms an audience can endure before passing out. Each week we dive into the world of venture capital, looking to understand exactly what’s going on behind the money. This week Katie Roof, Matthew Lynley, and myself — Alex! — were joined by Samuel Angus, a partner on the corporate team of Fenwick and… Read More
Powered by WPeMatico
A newly famous transaction type we need to understand is called the “Initial Coin Offering.” An ICO is akin to an IPO, but in temporal reverse (sort of). Although confusing, it has recently acquired prominence as a favored way to launch a new cryptocurrency.