Algorand (ALGO), a new permissionless, pure proof-of-stake blockchain project, has taken the crypto world by storm over the past few days. Earlier this week, Algorand raised more than $ 60 million in a token sale where the project sold 25 million ALGO, the first in a series of planned sales that will gradually increase the circulating […]
SludgeFeed
Algo Capital to invest $100M in promising firms created on Algorand Platform

Blockchain-centered venture capital group Algo Capital has launched a $ 100 million fund to invest and manage considerable capital in rising disruptors built on the Algorand decentralized platform over the course of next 10 years, according to a press release CoinReport received from Wachsman, Algo C…
The post Algo Capital to invest $ 100M in promising firms created on Algorand Platform appeared first on CoinReport.
Business blockchain and digital currency Algorand raises $62 million

Boston, Massachusetts-based for-business blockchain and digital currency Algorand announced in a press release CoinReport received from March Communications, Algorand’s PR company, the closure of a $ 62 million equity investment. Algorand also announced the addition of senior executive hires from the…
The post Business blockchain and digital currency Algorand raises $ 62 million appeared first on CoinReport.