Updated Apr 5, 2018

CoinList raises $9.2 million to expand its ICO services

Illustration: Rebecca Zisser / Axios

CoinList, a provider of financial services for staging and managing initial coin offerings (ICOs), has raised $9.2 million in new equity financing. Investors include token-focused funds like Polychain Capital, Blockchain Capital, and FBG Capital.

Why it matters: The past year has seen a boom in digital tokens and initial coin offerings. Though that's slowing down a bit, tokens are not going away. CoinList, which spun out of AngelList last year, is also well-positioned to cash in on the new trend as regulators begin to clamp down on fraudsters: one of the services it provides is helping with legal compliance.

Investors: Additional investors include Digital Currency Group, Libertus Capital, CoinFund, Electric Capital, Accomplice, and Protocol Labs (which help launch CoinList last year with its own ICO).

Go deeper

Sara Fischer, Ashley Gold, Kyle Daly, Dan Primack
4 hours ago - Technology

Trump tightens screws on ByteDance to sell Tiktok

Illustration: Aïda Amer/Axios

President Trump added more pressure Friday night on China-based TikTok parent ByteDance to exit the U.S., ordering it to divest all assets related to the U.S. operation of TikTok within 90 days.

Between the lines: The order means ByteDance must be wholly disentangled from TikTok in the U.S. by November. Trump had previously ordered TikTok banned if ByteDance hadn't struck a deal within 45 days. The new order likely means ByteDance has just another 45 days after that to fully close the deal, one White House source told Axios.

Go deeper (1 min. read)Arrow
Axios
Updated 4 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9:30 p.m. ET: 21,056,850 — Total deaths: 762,293— Total recoveries: 13,100,902 — Map.
  2. U.S.: Total confirmed cases as of 9:30 p.m ET: 5,306,215 — Total deaths: 168,334 — Total recoveries: 1,796,309 — Total tests: 65,676,624 — Map.
  3. Health: CDC: Survivors of COVID-19 have up to three months of immunity —Fauci believes normalcy will return by "the end of 2021" with vaccine — The pandemic's toll on mental health — FDA releases first-ever list of medical supplies in shortage.
  4. States: California passes 600,000 confirmed coronavirus cases.
  5. Cities: Coronavirus pandemic dims NYC's annual 9/11 Tribute in Light.
  6. Business: How small businesses got stiffed — Unemployment starts moving in the right direction.
  7. Politics: Biden signals fall strategy with new ads.
Go deeper (<1 min. read)Arrow
Alexi McCammond
10 hours ago - Politics & Policy

Harris: "Women are going to be a priority" in Biden administration

Sen. Kamala Harris at an event in Wilmington, Del. Photo: Drew Angerer/Getty Images

In her first sit-down interview since being named Joe Biden's running mate, Sen. Kamala Harris talked about what she'll do to fight for women if elected VP, and how the Democrats are thinking about voter turnout strategies ahead of November.

What they're saying: "In a Biden-Harris administration women are going to be a priority, understanding that women have many priorities and all of them must be acknowledged," Harris told The 19th*'s Errin Haines-Whack.

Go deeper (2 min. read)Arrow