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IEOs Raise Half a Billion, Keep Fundraising Alive for Blockchain Startups

Published

1 year ago

June 12, 2019

By CCN: There’s a new fundraising sheriff in town in the maturing cryptocurrency space. While initial coin offerings (ICOs) were all the rage during the last bitcoin bull run, initial exchange offerings, or IEOs, have muscled them out of the way. If it weren’t IEOs, the market would have likely found another mechanism, but these appear to be the deal of choice for now. Funds that previously flowed to ICOs in 2017 are now being redirected into wiser IEOs, as evidenced by the rising trends. IEOs have attracted $518 million across more than five-dozen projects year-to-date, according to TradeBlock data

The post IEOs Raise Half a Billion, Keep Fundraising Alive for Blockchain Startups appeared first on CCN Markets

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Japan Is Seriously Considering a Digital Yen: Report

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As rivals and allies move forward with their own CBDC plans, Japan will seriously consider a digital yen as part of this year’s policy agenda.

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