May 10, 2021

A cryptocurrency with “No Purpose” has raised $700M

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By PYMNTS One of the hottest cryptocurrency investments of 2017, a startup called block.one, has raised $700 million selling a digital token that has “no purpose.” According to The Wall Street Journal, this is the largest initial coin offering to date, with block.one’s market value now at around $4.5 billion. The sale of the token, called […]