Pwc Report Finds STOs ‘Are Not Fundamentally Different From ICOs’

Pricewaterhouse Coopers (Pwc) has published a report in collaboration with Crypto Valley seeking to provide “a strategic perspective” on the initial coin offering (ICO) and security token offering (STO) sectors. The report finds that the security tokens “are not fundamentally different from ICOs”, estimating that the combined total raised through the ICO or STO approached $20 billion during 2018.

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