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

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 has prompted exchanges and companies around the world to explore new ways to bring firms 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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A London Stock Exchange executive says companies are increasingly looking at token sales, and it points to the innovation sweeping the IPO market written by Frank Chaparro @ https://www.theblockcrypto.com/daily/49932/a-london-stock-exchange-executive-says-companies-are-increasingly-looking-at-token-sales-and-it-points-to-the-innovation-sweeping-the-ipo-market?utm_source=rss&utm_medium=rss December 11, 2019 Frank Chaparro

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