Is an Initial Coin Offering a New Way to Raise Money?
What to do when an IPO requires too much legal work and is subject to regulation and finding a venture capital partner takes too long and is full of unknowns? Mint your own money, of course. In this case, however, companies are minting digital coins rather than churning out physical objects.
To read the full article in Mercer Capital’s Financial Reporting Blog, click: Is an Initial Coin Offering a New Way to Raise Money?
This article is republished from Mercer Capital’s Financial Reporting Blog. It is reprinted with permission. To subscribe to the blog, visit: http://mercercapital.com/category/financialreportingblog/.