Whenever the venture capitalists or the public asks how it is possible today for a firm to gather capital for growth and development, the first thing that comes into consideration is an initial public offering (IPO), which is the process that it is popularly regarded as the opening of social capital to the public.
Thailand and ASEAN countries get rid of ICOs to support STOs, which they call a next-gen IPO, because of its decentralised and democratic nature and ability to be legally regulated by the government to protect investors from fraud and make the market transparent and legal. That’s the main idea of the ASEAN Digital Assets Summit 2018, which was held on December 9 in Bangkok, Thailand.
The host of the Cryptocurrency Trader program on CNBC Africa, Ran Neuner, says that Coinbase, a giant digital currency exchange and wallet, is almost ready to announce its first Initial Public Offering (IPO), as per a tweet on Thursday, October 25, 2018.
Uber claims it wants to go public in the second half of 2019, however, it has made no significant steps towards achieving this target. Is it possible that the company is fooling everyone and will surprise the public with a securities token launch?
In the late 80s and early 90s, it was a standard procedure for the fastest growing companies to IPO (Initial Public Offering) in less than 5 years. The same can be said of Initial Coin Offerings (ICO) in the cryptocurrency market in the 2010s -- with ICOs often being one of the first projects to be pursued by many blockchain startups.
For those who are aware of the cryptocurrency trading industry, they must have come across this term ‘ICO’ in the recent times. Ever wondered, “what is ICO?”. ICO is an abbreviated term for “Initial Coin Offering”. For understanding ICO, you need to have a general idea about IPO (Initial Public Offerings). In a typical IPO scenario, a company usually extends out its shares for the purpose of raising funds.