- CFA Exams
- CFA Level I Exam
- Topic 8. Alternative Investments
- Learning Module 7. Introduction to Digital Assets
- Subject 1. Distributed Ledger Technology
CFA Practice Question
An ICO is typically structured to issue ______ to investors.
B. crypto tokens
C. digital ownership of the company
A. company stocks
B. crypto tokens
C. digital ownership of the company
Correct Answer: B
These tokens can be used to purchase future products or services being developed by the issuer.
User Contributed Comments 2
| User | Comment |
|---|---|
| ariseto | ICO = Initial Coin Offering |
| IatLs | Thanks Ariseto. Was just about to ask. |