Coincheck crypto exchange announces Japan’s first ever IEO By Cointelegraph

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Coincheck crypto exchange announces Japan’s first ever IEO

Coincheck’s goal of conducting the first-ever initial exchange offering in Japan is moving closer to becoming a reality.

According to a release issued on Monday, the Japanese crypto exchange announced that the Hashpalette (HPT) initial exchange offering will take place in the summer. IEOs are a modified form of initial coin offering, where a crypto exchange platform acts as an intermediary between token issuers and investors.