ICO fundraising more difficult amid heightened investor scrutiny: Kenneth Oh, Dentons Rodyk

Kenneth Oh, a senior partner in Dentons Rodyk’s Corporate practice who has handled ICOs in Singapore, sees companies offering the same facing increased challenges with fundraising as the market matures and investors increase their scrutiny of such projects.

Oh, who also serves as a partner in the firm’s China and Indonesia practice, and looks at corporate finance, mergers & acquisitions, with a focus on equity capital markets transactions involving IPOs (initial public offers) and RTOs (reverse takeovers), said that in the Singapore context – with regard to ICOs (initial coin offers) – it was helpful to the community that the city-state’s Monetary Authority had issued a very clear statement on how it would view these tokens.

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