On the heels of a successful initial public offering (IPO) this summer, NAGA Group has moved forward with an initial coin offering (ICO) today. The proceeds for the token sale will be aimed at preparing a new ecosystem and a funding variety of internal projects.

NAGA Group is the company behind the social trading app SwipeStox, and Switex, which is a platform for the trade of virtual goods. The ICO proceeds will look to kindle and sustain the future development of these apps, which will look to build on its previous success of its IPO this past July.

At the time of writing, XTB had been suspended from the Warsaw stock exchange and its shares had tanked over 35%.

Beeks to go public

Beeks Financial Cloud last week announced its intention to go public on the AIM Market of the London Stock Exchange. CEO Gordon ... (read more)

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