Cryptocurrency
Apex Token Fund Aims to Raise $100 Million in ICO
ICOs (short for Initial Coin Offerings) are taking the Bitcoin world by storm. According to MarketWatch, “In the simplest terms, an ICO is a fundraising means in which a company attracts investors looking for the next big crypto score by releasing its own digital currency in exchange, typically, for bitcoin.” According to CoinDesk.com, “A new […]
ICOs (short for Initial Coin Offerings) are taking the Bitcoin world by storm. According to MarketWatch, “In the simplest terms, an ICO is a fundraising means in which a company attracts investors looking for the next big crypto score by releasing its own digital currency in exchange, typically, for bitcoin.”
According to CoinDesk.com, “A new fund-of-funds announced this week is aiming to raise up to $100 million via an initial coin offering (ICO). Called the Apex Token Fund, the key idea is that tokenization gives buyers a way to cash out their investment early on, without diminishing the underlying principle.”