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Initial Coin Offering (ICO)

Trading Term

An ICO is one way a company may seek to raise funds to create a new coin or related cryptocurrency service or app – similar to an initial public offering (IPO). Investors during the launch of an ICO have an opportunity to purchase a new, company-issued cryptocurrency token, which may represent an ownership stake in the project or company, or have a utility-linked relationship with the company’s product(s) or service(s).

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