Singapore: Change raises $17.5m in utility token sale

Singapore: Change raises $17.5m in utility token sale

A collection of bitcoin tokens sit in this arranged photograph in London, U.K., on Wednesday, Jan. 4, 2017. Photographer: Chris Ratcliffe/Bloomberg

Singapore-based Change, which positions itself as a community-led crypto-fintech startup with a large stack of services, has raised over $17.5 million via an initial coin offer (ICO) that saw the digital tokens issued purchased by close to 6000 investors.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter