Stick Exchange better than ICOs according to Nasdaq executive

North America United States

According to Nasdaq vice chairman Bruce Aust, stock exchange remains the best place to raise capital for a company as ICO markets lack maturity.

The comments were made in Lisbon, Portugal, in an interview with CNBC, as part of the Lisbon Web Summit coverage. Aust stated that he while Nasdaq might have to face the competition in the future, when ICOs markets become more regulated, for the time being, it remains “at the forefront of helping companies raise capital”

ICOs have raised over $3.5 billion to date, according to CoinDesk’s ICO Tracker.

About the author

Maciek Klimowicz

Maciek Klimowicz

A seasoned writer and editor with 10 years of experience in a variety of print and online media. Recognizing the transformative potential of the blockchain technology, Maciek has now put his pen to work to explore the key issues of this fast-evolving sector. Contact him on [email protected].

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