Token Sale
/ˈtoʊkən seɪl/
Definitions
- (n.) A legal offering and sale of digital tokens, often representing assets, utility, or rights, typically under securities or financial regulation.
The company conducted a token sale to fund its blockchain project while complying with securities laws.
Forms
- token sale
- token sales
Related terms
See also
Commentary
Token sales must be carefully structured to comply with applicable securities laws, as their classification varies by jurisdiction.
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.