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Initial Convertible Coin Offering from Palladium

Palladium, a Malta-based blockchain company, has launched a fully regulated ‘Initial Convertible Coin Offering’ (ICCO) to give investors a stake in the future of virtual currencies. The issuance of a tokenized convertible warrant — which is regulated by a prospectus approved by the Malta Financial Services Authority (MFSA) and subject to stringent EU rules — will give investors the right to convert the tokens into shares of Palladium three years after the issue date.

Speaking during the launch held at the Malta Stock Exchange, Valletta, Prof. Paolo Catalfamo, founder and chairman of Palladium, said the Palladium platform was a revolutionary solution to the biggest obstacles to widespread crypto adoption: cumbersome management of cryptocurrencies and regulatory uncertainty surrounding their use.

 

READ MORE OF THE ARTICLE AT CHAIN-FINANCE.COM

Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.
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