SharesPost to run ICO for Finom AG

SharesPost Financial Corp. said it has been selected to run an initial coin offering for Finom AG, a cryptocurrency transaction and mining company.

Finom, of Switzerland, is authorized to sell up to $101 million of tokens. Each token will be equivalent to four company shares. The offering is expected to close on Dec. 30.

SharesPost plans to support secondary trading in security tokens, including Finom’s.