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Blockchain Startup’s $4 Billion ICO Outshined By AltFin Funding

“The company secured $93 million in Series D funding announced this week, with BlackRock Private Equity Partners leading the investment” reports This week’s venture capital (VC) investment tracker finds that both blockchain and alternative finance are leading markets.Crowdera told reporters that it plans to use the investment to focus on early-stage growth and product enhancement, according to BWDisrupt reports.Though a $4 billion initial coin offering (ICO) from one blockchain startup has certainly turned heads, the investment is overshadowed by some analysts’ doubts in the company — and in the blockchain hype overall.A $65 million in Series B funding for Paxos is just one of several high-value backings for blockchain startups this week.

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