Initial Coin Offerings Surge Past $4 Billion—and Regulators Are Worried

HONG KONG—Money raised from initial coin offerings has surged past $4 billion for the first time, even as regulators world-wide have escalated warnings about the new form of corporate funding. An initial coin offering, or ICO, is a method of corporate fundraising that circumvents traditional capital …
Initial Coin Offerings Surge Past Billion—and Regulators Are Worried