exclusive
A London Stock Exchange executive says companies are increasingly looking at token sales, and it points to the innovation sweeping the IPO market
Partner offers
The Block may may earn a commission if you use our partner offers, at no extra cost to you.
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
The New York Stock Exchange’s hope to shake up the initial public offering market has stalled, but that doesn’t mean innovation around the capital-raising process won’t continue unabated. On December 6, the Securities and Exchange Commission (SEC) shot down a proposal by the Big Board to offer companies a new way to tap into public […]
accessprotocol.co
Subscribe for Premium Content
To unlock this and other Premium content, subscribe via Access Protocol. You can pay with SOL.
