Japan’s biggest bitcoin exchange Coincheck has been receiving “hundreds of requests” from Chinese startups to list their tokens following China’s blanket ICO ban.
Tokyo-based Coincheck, Japan’s largest bitcoin exchange by trading volume, is being inundated with requests from Chinese companies for token listings on its exchange. Initial coin offerings, or ICOs, are a radical new form of fundraising wherein companies sell crypto tokens to investors in exchange for capital via cryptocurrencies, typically bitcoin or ethereum’s ether.
Full article: https://www.cryptocoinsnews.com/china-ico-ban-sees-startups-japan-bound-token-listings/