Billionaire CEO Taizo Son predicts that ICOs will come to dominate fundraising

Taizo Son, founder and CEO at VC firm Mistletoe, says initial coin offerings will be a major way to raise funds.

Regulators are scrutinizing the new red-hot fundraising trend in which start-ups and blockchain companies bring in millions of dollars by issuing virtual tokens to investors in exchange for money.

But one Japanese billionaire investor thinks that, with time, the so-called initial coin offerings (ICOs) will become one of the “greatest major methods” for start-ups to raise funds in the future.

Source: Billionaire CEO Taizo Son predicts that ICOs will come to dominate fundraising