Skip to content
Subscriber Only
Markets
Crypto

ICOs Alive and Well as Crypto Startups Go After Wealthy Buyers

  • Sales have shifted overseas after U.S. regulatory crackdown
  • Issuers are often limiting offerings to accredited investors
Bloomberg business news
Bitcoin Is Going to Be Digital Gold, Says Galaxy’s Novogratz
From

Checking for a pulse in the world of cryptocurrencies? Look no further than the ICO market.

About 70 companies are holding token sales, and another 17 as of last week were planning initial coin offerings, where startups bypass traditional venture capital venues by raising money directly from investors through digital-asset sales, according to data compiled by CoinSchedule.com.