Initial Exchange Offerings (hereinafter “IEOs”) basically are Initial Coin Offerings (hereinafter “ICOs”) launched through the IEO platform (dubbed “launchpad”) of a crypto-assets exchange. In a typical ICO, a company (generally the issuing entity) receives fiat currencies, such as US dollars or Euro, or crypto-assets, such as Bitcoin or Ether, in exchange
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Crypto-assets global corporate finance transactions | A comparative and functional analysis of crypto offerings and securities laws
The rise of crypto-assets and crypto-assets corporate finance transactions – like Initial Coin Offerings, Security Token Offerings, Initial Exchange Offerings, and respective variants – are disrupting the way companies raise funds. At the same time the sudden rise of crypto finance transactions has created unprecedented challenges for regulators, financial market
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Best practices for (non-securities) Crypto Hedge Funds
Over the last several years, few financial assets have generated returns comparable to those of cryptocurrencies. Extraordinary returns have led to a frenzy of investment activity including the formation of new hedge funds focused partially or exclusively on trading non-security cryptocurrencies. The rise of crypto hedge funds is revolutionizing the
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Reshaping corporate governance — comply-or-explain versus rule
Corporate governance is the framework of laws, rules, and procedures that regulate the interactions and relationships between the providers of capital (owners), the governing body (the board or boards in the two-tier system), seniors managers and other parties that take part to varying degrees in the decision making process and
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Initial Coin Offerings (ICOs) + legal compliance = Security Token Offerings (STOs)
Despite their loud pronouncements, most token offerings have tokens that are deemed securities in most jurisdictions instead of being deemed a utility. All of these projects violate securities laws. As of right now, the Initial Coin Offerings (“ICO“) space is a little dicey, to say the least. In order for the
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