What If They ICO? Investors Seek Veto Power Over Future Token Sales

Traditional investors are tweaking their standard paperwork to deal with how a growing number of companies, both blockchain-based and traditional, are pursuing ICOs as a way to raise capital from the sale of crypto tokens. Investors are requiring companies they back to agree to some kind of arrangement should the company eventually launch an ICO, and to make sure to have a discussion before the launch about whether or not this is a good move to support the long-term fortunes of the company.

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