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World Chess To Issue Virtual Tokens Before Floating Shares On The Stock Market

Ramsey Baker

Summary: World Chess, the media and online gaming company that broadcasts the World Chess Championships, revealed the release of a “hybrid IPO” for 2020 that will issue virtual tokens before floating shares on the stock market. The World Chess security tokens will be available for purchase by investors in the U.S. and the EU. The tokens ...

World Chess, the media and online gaming company that broadcasts the World Chess Championships, revealed the release of a “hybrid IPO” for 2020 that will issue virtual tokens before floating shares on the stock market.

The World Chess security tokens will be available for purchase by investors in the U.S. and the EU. The tokens will allow for private investors to gain early ownership of the World Chess shares. The tokens will be converted to shares following the IPO and can be traded between authorized investors.

By Ramsey Baker

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Link: World Chess To Issue Virtual Tokens Before Floating Shares On The Stock Market   [Copy]
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