Browsing the "Token Sale" Tag

Polychain and a Chinese Bank Are Betting Millions on This Token Sale

| Leigh Cuen

Investing in a token offering for the Nervos Network could help China Merchants Bank International tap into the DeFi ecosystem.

gold, nugget

‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators

| Leigh Cuen

Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”

How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business

| Leigh Cuen

Lending startup Celsius went from a $50 million token sale to $1 billion in crypto deposits.

auction, auction paddle

Algorand Raises $60 Million in Token Sale

| Daniel Kuhn

The company sold 25 million tokens in less than four hours.

marble, maze

Australia’s Securities Watchdog Has Halted 5 ICOs Since April

| Stan Higgins

Australia's securities regulator said late last week that it has halted five initial coin offerings (ICOs) in as many months.

SEC Slaps ‘Fraudulent’ ICO Founder With $30K Fine, Lifetime Ban

| Stan Higgins and Nikhilesh De

The SEC has issued a cease-and-desist along with a $30,000 penalty to the founder of a token sale it called "fraudulent."

Overstock Blockchain Spin-Off Raises $134 Million – With Millions More Committed

| Stan Higgins and Nikhilesh De

Overstock.com subsidiary tZero raised $134 million in its security token offering, the company said Thursday.

A16z Leads $45 Million Raise for Blockchain Startup Oasis Labs

| Nikhilesh De

Cloud computing startup Oasis Labs has raised $45 million in a private token pre-sale to develop its blockchain platform.

US Judge Says Boxer-Backed ICO Token Is a Security

| Muyao Shen

A Florida district court has published an analysis explaining how Centra Tech's CTR token is a security. 

$125 Million: Orchid Is Raising One of 2018’s Biggest Token Sales

| David Floyd

A startup with the aim of building a private, peer-to-peer browser using cryptocurrency has told the SEC it plans to hold a $125 million SAFT.