The Block: A London Stock Exchange executive says companies are increasingly looking at token sales, and it points to the innovation sweeping the IPO market

  • Wednesday, 11 December 2019 01:44
Quick Take The SEC has rejected a proposal by the NYSE that would allow companies to raise capital through the direct listing process The hurdles of becoming a public company have prompted exchanges to rethink how they can bring companies to market World Chess, for example, plans to carry out a hybrid IPO, both listing its shares on the London Stock Exchange and selling 40,000 tokens as part of a security token offering

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