Nasdaq Executive Calls ICO Market “Very Young”

In a recent short interview with CNBC, Bruce Aust, Vice Chairman of Nasdaq, said that the stock exchange is still the best place for the companies to raise money as the ICO market is “very young”.

Aust said: “We are a regulated market, I think that's the difference between us and an ICO. And we'll see at some point those markets become regulated and that will change everything.”

He added: "It's very young and early stage and Nasdaq has always been at the forefront of helping companies raise capital, whether it be in the Nasdaq private market or through the Nasdaq public markets. So we believe that we are the market for companies to raise capital."

According to Coindesk’s ICO tracker, Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term firms have to date raised more than $3.5 billion through ICOs. But the boom happened only in the Q2 2017 - in 2016, just about $300 million was raised.

With this mammoth advancement in the ICO market, it has also attracted a lot of criticism. Recently Wikipedia founder Jimmy Wales branded ICO an “absolute scam” and a few days later Jordan Belfort, the real-life “Wolf of Wall Street”, said these ICOs are the “biggest scam ever”.

The ICO market is still not regulated, and with a huge pump of money, it is also attracting the attention of the authorities. In October, the governments of China and South Korea issued a blanket ban on ICOs. Even countries like Japan and Singapore, where the authorities very much appreciate Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term and blockchain technology, have issued warnings against ICOs.