Welcome to The Current Forkast, a podcast series with Forkast.News Editor-in-Chief Angie Lau and Brian Lio, CEO of blockchain research group Smith + Crown. In today’s episode, we talk about:
NBA player Spencer Dinwiddie’s token release
- Change in structure to remove investor exposure to the third-year option
- Evidence of infrastructure development across the security token space
- First example of a tokenized income share agreement
SEC’s warning on Initial Exchange Offerings (IEOs)
- U.S. Securities and Exchange Commission cautioning investors against participating in IEOs, need for due diligence
- Reduction in IEO and other token sale activity this year, industry shift to equity funding events
- Minimal distinctions between ICOs and IEOs
Bitwise investor bulletin
- Highlights that financial adviser interest in crypto remains significant, with 3/4 discussing crypto with clients and many investors pursuing crypto investments outside of adviser
- Many advisers broadly optimistic about bitcoin (BTC) price performance in the next few years
Listen to the Podcast
See related article: SFC Aims to Regulate Digital Asset Trading Platforms