Deloitte CIS & Waves Partner to Ride & Regulate the ICO Market

greenard (25)in #blockchain • 7 years ago

‘Big four’ services giant Deloitte CIS and Russian blockchain solutions firm Waves have joined forces, enabling ‘comprehensive ICO services’ offered to clients.
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Deloitte and blockchain startup Waves have signed a memorandum toward a strategic partnership that will, among other objectives, see the two companies work toward developing legal mechanisms for regulating ICO projects in the eastern European region.

An announcement today reads:

"The partnership is aimed at providing clients with comprehensive initial coin offering (ICO) services and customized blockchain solutions tailored for specific tasks.

Deloitte will lend its expertise in legal and tax compliance hurdles specific to technology and innovation projects to provide consulting for companies in the private sector as well as bodies of the government in the public space. Waves, which claims to be ‘Russia’s biggest blockchain project’, will provide specialist ICO solutions for clients looking to launch new products ‘by selecting channels best suited for a successful project implementation."

Waves notably raised $16 million with its own ICO in June and has since facilitated other ICOs like EncryptoTel to hold their ICOs on its blockchain platform.

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