Simon Barnby | Source | CMO at Archax
Simon Barnby
CMO at Archax
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Archax (https://www.archax.com)
CMO
started May 2018
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Surprise! Security token offerings rake in $380 million
During the past year, STOs have managed to raise significant funds despite being less open to Main Street investors. But will they surpass ICOs?
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The money raised by STOs so far is not huge, but with the demise of ICOs, there are many firms looking at security tokens as the way forward for raising capital. This year could well be the year we see the required infrastructure get put in place and for wider adoption to really start to take off.