Jack Dorsey Invests in Crypto ICO Platform CoinList

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Twitter CEO Jack Dorsey is expanding his cryptocurrency involvement by backing crypto initial coin offering (ICO) exchange platform, CoinList. Dorsey, who also heads San-Francisco payment service Square, is a noted bitcoin bull who maintains that the top-ranked crypto will eventually become the de facto currency of the internet. Twitter Chief Backs AngelList Spin-Off According to the , Dorsey took part in the latest CoinList funding round which reportedly raised $10 million. CoinList, established in 2017 as a spin-off of AngelList, is an ICO exchange platform that initially received backing from investment firms like Polychain Capital, raising over $9 million in its maiden funding round. Commenting on his decision to back CoinList financially, Dorsey remarked: Crypto needs a trustworthy platform for launching new projects. CoinList leads the industry in that role, and trading is a logical next step. Since its inception, CoinList has supported token sales worth more than $800 million.…

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