ICO (Initial Coin Offering)
Unicoin's Path to Public Listing and Cryptocurrency Launch
Thursday. June 27 at 1:30 PM
1 min. readUnicoin, a blockchain tech company based in New York, is set to go public and introduce its own cryptocurrency by year-end. Established in 2015, Unicoin is creating a token backed by its real estate and equity assets. CEO Alex Konanykhin highlighted the firm's compliance efforts, emphasizing its transparency and adherence to regulations. Unicoins can be obtained through asset swaps or 'Buy Now, Pay Later' deals, offering stability compared to assetless cryptocurrencies like Bitcoin. Unicoin's SEC filings reveal plans for a public listing through a reverse merger, direct listing, or traditional IPO. The company's diverse holdings include a TaaS platform, a staffing agency, and a media production company. Despite facing financial challenges, Unicoin's revenue grew in Q1 2024. The company's strategic moves align with the growing trend of crypto companies seeking public listings.