Pepper partner Gregory J. Nowak hosted an Investment Management Update webinar for West LegalEdcenter. Recent reports have noted that Initial Coin Offerings (ICOs) have raised more investor capital than venture and angel investing combined since the beginning of 2017. The institutional investor community needs to understand this important new asset class.
This month, Mr. Nowak was joined by David Madden, Director at Trident Trust Group, Tim Kuhman, General Counsel and VP of Compliance at Kingdom Trust and Tom Garrambone, Founding Partner at Tetras Capital, for a robust discussion on ICOs and the investments they spawn – what are they; what is the investment opportunity; can these be commingled in a fund; what are the risks to be aware of as an issuer, servicer, investor and exchange; and what have the SEC and other regulators had to say.
Provided by Pepper Hamilton