Coincheck crypto exchange announces Japan’s first ever IEO
Cointelegraph
Published May 31, 2021 07:41AM ET
Updated May 31, 2021 09:20AM ET
Coincheck’s goal of conducting the first-ever initial exchange offering in Japan is moving closer to becoming a reality.
According to a release issued on Monday, the Japanese crypto exchange announced that the Hashpalette (HPT) initial exchange offering will take place in the summer. IEOs are a modified form of initial coin offering, where a crypto exchange platform acts as an intermediary between token issuers and investors.
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Written By: Cointelegraph
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