Initial Coin Offering
/ɪˈnɪʃəl kɔɪn ɔːfərɪŋ/
Definitions
- (n.) A fundraising mechanism in which new cryptocurrency tokens are sold to investors before they are publicly available, often subject to securities regulations.
The company raised capital through an initial coin offering regulated by the securities commission.
Forms
- initial coin offering
- initial coin offerings
Related terms
See also
Commentary
The term is closely scrutinized under securities laws to determine whether the tokens qualify as investment contracts; legal compliance is critical to avoid enforcement actions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.