ICO Wrap – Initial Coin/Token Offering News Summary for August 3, 2018

ICO News | August 3, 2018 By:

Initial Coin Offerings Surge In First Half of 2018 – Research Report

Initial coin offerings have attracted $12 billion in investments during the first half of this year, according to a report from Autonomous Research LLP.

Led by ICOs from blockchain project EOS and messaging service Telegraph, the surge is already higher than the $7 billion total for all of 2017.

ICO Spotlight: Income Locker Looks To Collateralize Cryptocurrency

INCOME LOCKER (INLOCK) is a platform where licensed lenders can compete for borrowers who want to use their cryptocurrency as collateral for loans>

The company is now in its whitelist registration for an upcoming token sale on September 15.  INLOCK’s founders seek to design a secure and transparent marketplace to serve as a gateway for institutional investors to the booming cryptocurrency market.

ICO Draft Rules Published By Philippines SEC

The Philippines Securities and Exchange Commission (SEC) has published its proposed rules on initial coin offerings (ICO).

The SEC said that the draft rules on ICO registration was released because the present registration process for initial public offering (IPO) may not be tailor fit for ICOs.

ICO Platform Planned By German Stock Exchange Boerse Stuttgart

Boerse Stuttgart, Germany’s second-largest stock exchange, is planning to develop a new initial coin offering (ICO) platform.

In April this year, Boerse Stuttgart announced that it will be launching a cryptocurrency trading app, called Bison, to offer fee-free access to investment in cryptocurrencies.