Into the Dark Pool: $30 Million ICO Could Pave Way for Huge Crypto Trades

Into the Dark Pool: $30 Million ICO Could Pave Way for Huge Crypto Trades

The term dark pool might sound ominous, but investors think building one could prove to be a boon for the crypto market. Announced today, Republic Protocol has officially completed an initial coin offering (ICO) for its REN token, raising 35,000 ether (roughly $30.5 million at current prices) from lead investors Polychain Capital and FBG, as well as funds like Huobi, Hyperchain Capital and Signal Ventures. Along with retail investors, the participants above are betting big on a way to execute large trades without spooking the market. At least, that’s the argument advanced by Taiyang Zhang, CEO of Republic Protocol, […]