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Initial Coin Offerings Seen Topping Early Stage Venture Funding

  • Digital FX venture adviser says $560 million raised in June
  • Early stage companies seen receiving less funding on average
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Why Ethereum and Bitcoin Are So Popular Lately

While people talk about a bubble in funding for private startups, one might want to take a look at the surge in funding for cryptocurrencies first.

According to William Mougayar, a Toronto-based venture adviser and investor, funding in initial coin offerings, a means of crowdfunding the release of a new cryptocurrency, has now exceeded that of early stage venture capital funding.