IEOs Raise Half a Billion, Keep Fundraising Alive for Blockchain Startups

By CCN: There’s a new fundraising sheriff in town in the maturing cryptocurrency space. While initial coin offerings (ICOs) were all the rage during the last bitcoin bull run, initial exchange offerings, or IEOs, have muscled them out of the way. If it weren’t IEOs, the market would have likely found another mechanism, but these appear to be the deal of choice for now. Funds that previously flowed to ICOs in 2017 are now being redirected into wiser IEOs, as evidenced by the rising tr