On June 10, Palladium, the blockchain company from Malta, launched the first in the history initial offering of convertible tokens ICCO, the finversia.ru project wrote with reference to local media. The main difference between the Palladium campaign and the conventional ICO is that the project involves the sale of tokenized convertible certificates. Investors will be able to exchange coins for shares of the company three years after their release. The company plans to attract 150 million euros, half of which will go to acquire a controlling stake in a European bank. 35% of the funds will be used to develop a new cryptocurrency exchange, it will be controlled by the Malta Financial Services Authority. The remaining 15% is planned to be used for various strategic investments in financial services and blockchain projects.
BOJ offers $78 billion in loan to virus-hit firms in first phase of lending program05.06.2020
Gap reports nearly $1 billion first-quarter loss amid the virus outbreak03.06.2020
Chinese services industry posts first growth since January, job losses persist according to study26.05.2020
India’s first-quarter GDP growth runs slowest since 2012