Tokenized Fund-of-Funds to Raise $100 Million Via ICO
A new tokenized fund-of-funds was announced yesterday that aims to raise up to $100 million via an initial coin offering.
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Invest aims to deliver discussions and debates around trends and investment opportunities for digital assets, the fastest growing alternative investments in history. The event brings together institutional investors, family offices, hedge funds, asset allocators and service providers to underline the current sophistication of digital securities and commodities, as well as to offer forecasts on the evolution of these assets in 2019. Interested in a 2019 outlook event for the world’s most interesting alternative investment? Interested in forecasts on how markets, digital securities, commodities and utility tokens will drive the boom behind an alternative financial system?
Mohamed El-Erian, the chief economic advisor for Allianz, said Tuesday that he believes cryptocurrencies will become more “widespread” but as part of a broader ecosystem.
Security token startup Harbor is offering its first private placement, allowing investors to buy into a high-rise property.
Token issuers looking to fund their businesses with the proceeds should "start with the assumption that it's a securities offering," according to the SEC's Jay Clayton.
The cryptocurrency community still has plenty of questions about taxation and regulation, especially as the ICO space heats up.
The ICO community must self-regulate to lessen the blows likely to come from enforcement and regulatory actions, said speakers at Consensus: Invest.
Chief Executive Officer
Executive Vice President & Chief Strategy Officer
The New York Times
Morgan Creek Digital
Founder & Partner
Chief Investment Officer & Managing Partner
Susquehanna International Group (SIG)
Head of Digital Asset & Co-head of the ETF Group
Wyoming Blockchain Task Force
Former Chairman & President