October 22, 2021

Investors bet $4 billion on a cryptocurrency startup

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By Paul Vigna From WSJ Block.one’s sale of its EOS digital tokens dwarfs other coin sales—and most of this year’s IPOs A start-up company based in the Cayman Islands is on track to raise more than $4 billion through a yearlong sale of digital tokens—the largest fundraising of its kind. What buyers of the tokens […]

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 […]