🔄 ICONOMI to redeem tokens, offer equity in company
Citing unclear legal frameworks, asset management focused crypto project ICONOMI ($ICN) announced that they would be converting the company into a Liechtenstein based holding company called ICONOMI AG. Current token holders will be given the option to convert their current tokens into equity in the new company or redeem them for Ethereum ($ETH) at a rate of 0.0019 ETH per ICN. Those that decide to convert to equity will be issued new security tokens under the ticker eICN starting in the first quarter of 2019.
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