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Verinym
Initial Coin Offerings (ICOs) are a new and exciting way for entrepreneurs to raise capital by using crypto tokens, like Bitcoin and Ether.
ICOs currently lack transparency to satisfy UK and European regulation. This forces ICO issuers to operate in more lightly regulated offshore jurisdictions. This comes with significant operational problems and expense. Lack of regulatory compliance also makes institutional money more averse to dealing with blockchain businesses.
By bringing strict compliance to blockchain, Veridu enables ICO issuers to land funds in the UK and Europe, and allow institutional money to flow.
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