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Crypto Briefing 2019-06-19 19:08:21

“Insane Valuation”: Algorand $66M Token Auction Implies $24bn Value

A new Proof-of-Stake blockchain protocol raised more than $60M in a token sale held in Singapore today. Algorand sold 25M Algos – its native token – in the first of a series of sales that will allow tokens to gradually enter circulation. The company raised more than $66M last year by selling equity to investors […]The post “Insane Valuation”: Algorand $66M Token Auction Implies $24bn Value appeared first on Crypto Briefing.

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