The first SEC-registered ICO offers new level of investors protection
According to a NASDAQ post published today, the US-Praetorian Group filed what appears to be the first SEC-registered initial coin offering (ICO). The newly formed company registered 15 million PAX tokens to raise $75 million at USD 5 per coin. In total the company plans to issue 200 million PAX tokens, giving the company a “market value” …
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