FRANCE, April 5 (Bernama-GLOBE NEWSWIRE) — Chaineum, a France-based corporate finance advisory firm and a pioneering Initial Coin Offering (“ICO”) advisor, accompanies the first French law governed “Security Token Offering” (“STO”) on behalf of its client Carthagea.
A STO is a new fundraising trend consisting in the issuance of financial securities to be registered and eventually, in the future, exchanged on a blockchain. The STO of Carthagea will be carried out in compliance with the French ordinance No. 2017-1674 of December 8, 2017, and Decree No. 2018-1226 of December 24, 2018.