Sentences with phrase «capital via initial coin offerings»
$ 16 million has already been committed in private token placements and AiX will raise further development capital via an initial coin offering before the end of the year.
http://links2exchange.net/ Not exact matches
Startups working on digital currencies like Bitcoin and the related blockchain technology have raised $ 1.3 billion in traditional venture capital since the start of 2017, but $ 4.5 billion via more controversial initial coin offerings, TechCrunch reported.
The Securities and Exchange Commission shut down an effort by restaurant review startup Munchee to raise capital via digital currency, a.k.a. an initial coin offering, saying the deal constitutes the unregistered sale of securities.
Initial coin offerings — startups crowdfunding by selling «tokens» to investors — have been an even bigger source of capital: nearly $ 4.5 billion was raised via ICOs over the past 14 months.
No VC fund has yet raised investments via an initial coin offering (ICO) such as this, and Pierce is excited about its potential, describing the model as «the future of venture capital.»