What is ICO in stock market?

An initial coin offering (ICO) is an event where a company sells a new cryptocurrency to raise money . Investors receive cryptocurrency in exchange for their financial contributions. In many ways, an ICO is the cryptocurrency version of an initial public offering (IPO) in the stock market.

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What ICO means?

ICO is an acronym that means Initial Coin Offering , which is how funds are raised for a new cryptocurrency offering. It’s similar to an IPO (Initial Public Offering) which raises funds when a new company ventures onto the stock market.

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