IEO News

Today marks the launch of what is most likely the first ever blockchain-based initial public offering (IPO), with the national stock exchange of the Seychelles selling tokenized shares in its equity to investors worldwide.

CasperLabs, a startup building an open-source blockchain platform aimed to achieve scale without sacrificing decentralization, has raised $14.5 million in a Series A funding round.

Led by Naspers, Blockchain.com Ventures, and Angel Invest Berlin, dapp data analysis and discovery tool DappRadar announced yesterday the closing of a $2.33 million seeding round. The company said it will use the funds for R&D and to add new services to its site.

Denver-based startup Dapix Inc. has raised $5.7 million in a Series A funding round led by Binance Labs, the company announced Thursday.

Cryptocurrency exchange Coinbase and payments firm behind XRP cryptocurrency, Ripple, are no longer in the LinkedIn's top 10 US startups list for 2019.

Perlin has managed to break all previous Binance Launchpad records for the amount of BNB assets staked by users to acquire PERLs in its Initial Exchange Offering (IEO). Just over USD $330 million in Binance tokens was staked for a chance to get Perlin’s PERL tokens at IEO.

“Initial Exchange Offering (IEO) is losing popularity as few interesting projects appear on the market,”claims EXANTE analyst Viktor Argonov in his comment for LetKnow.News.

The United States District Court for the Central District of California has issued a summons to video game virtual goods company OPSkins Group and Worldwide Asset eXchange (WAX) in response to a complaint filed by Crypto Asset Fund.

A recent report by TokenInsight says that Initial Exchange Offerings, which are definitely not like the 2017 ICO craze in any way, are falling out of favor.

San Francisco-based fintech company Ripple continues to pump XRP into a growing ecosystem of adjacent startups – despite an ongoing legal complaint alleging that XRP is an unregistered security.

It’s now clear that initial coin offerings (ICOs) were a massive bubble. The median ICO return in terms of USD is -87% and constantly dropping.

As Israeli news site Globes reported on August 4, Orbs’ Elad Arad is suing his co-founders Uriel and Daniel Peled for having dispossessed him of his share in the firm, among other charges.

The latest IEO held on Binance Launchpad was also a profitable one, despite the concerns of many that the new format would decrease investors’ returns. The WIN token began trading at 0.00000009 BTC while its IEO price was 0.00000001 BTC.

Ether (ETH) holdings of projects that raised funds via initial coin offerings or ICOs have been steadily declining, according to research from The Block.

Aximetria, a firm offering a personal finance app for both fiat and cryptocurrencies, has been awarded a license from the Swiss Financial Services Standards Association (VQF).

Ethereum co-founder Joseph Lubin could soon be sued by a former employee, according to court documents filed in New York.

CoinGecko, one of the world’s leading cryptocurrency aggregators, today published its 2019 Quarter 2 Cryptocurrency Report. The 46-page report gives an overview of the state of the cryptocurrency market and the major events that happened in the second quarter of 2019.

Reg A + crowdfunding is one of the most desirable ways to collect investment in the US market, allowing you to raise up to $ 50 million. That’s what Nikita Novikov, a lawyer of blockchain pactice Juscutum told LetKnow.News.

After a prolonged collapse of the crypto market in 2018, many experts started saying that the ICO market had died. However, that’s not the case, and startups continue to raise millions through the initial offers of their coins.

Blockchain startups have raised a total of $822 million during the first half of this year, according to a report from venture capital firm Outlier Ventures.