Kevin O'Leary: NYC hotel wants to use a $400 million cryptocoin offering to sell ownership like a stock
Kevin O'Leary told CNBC on Monday he's working on a deal to allow a "very prestigious brand hotel" in New York sell ownership in the company through a $400 million cryptocurrency offering instead of a stock IPO. "There's a big deal coming in New York in the next three weeks," said the "Shark Tank" investor and chairman of the ETF firm O'Shares Investments. "It's a $400 million coin issuance for a real asset you've heard of."
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