LCOs will definitely attract institutional interest if they are created by 'blue chip' listed companies with excellent financial track records. It is definitely an exciting and promising development for the crypto sphere.
LCOs will definitely attract institutional interest if they are created by 'blue chip' listed companies with excellent financial track records. It is definitely an exciting and promising development for the crypto sphere.
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I feel that Singapore regulators may take the cue from more established financial centres like US, Switzerland and Hong Kong before giving the green light for LCOs in Singapore.
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Are you from Singapore @investprosper?
Totally agree, @investoprosper. I suppose it would take a few 'blue chip' listed companies to get involved before the first domino falls!
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Hi @investprosper
Great comment.
Would you be able with your own words expalain to me what is the difference between STO and LCO?
Yours
Piotr
Hi @crypto.piotr
Based on my understanding, an LCO is a financial instrument for representing the bond, warrant or rights issues of a listed company, while a STO commonly represents the underlying shares of a company. And yes, I am from Singapore. :)
Thank you @investprosper for your kind comment.
I appreciate it a lot.
Yours
Piotr