in Cryptocurrency

Swiss Firm Poised to Launch Compliant IPO on Ethereum Blockchain

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Swiss regulators have given the go-ahead for what is purportedly the country’s first fully compliant initial public offering (IPO) on a blockchain.

Swiss blockchain firm Overture will launch a compliant IPO and offer ordinary class-A shares natively on the blockchain, using smart contracts provided by Zug-based EURO DAXX (the European Digital Assets Exchange), a Jan. 29 press release reveals.

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Source: Cryptocurrency - investing.com

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