Blockchain powered social media platform Kik has raised $98M in an ICO round. According to a release, Kik reported that over 10,000 people from 117 countries participated in the token sale.
Filecoin, a blockchain data storage network, has raised an estimated $200M in an ICO, following a $52M private sale to investors like Sequoia Capital, Andreessen Horowitz and Union Square Ventures.
Report: As Average Ticket Size Soared For Seed and Series B Investments In The Blockchain Space In 2016, Financial Services Racked Up Major Chunk of Investments [209 Pages]
Only two acquisitions marked the Blockchain space in 2016 as the highest investment in this sector closed at $107M. Read more in the Tracxn Industry Report on Blockchain.