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i-Deal Corp to allow ICOs on funding platform

ICOs have proved a cheaper and more popular way for start-ups to access capital

Cryptocurrencies have boomed in recent months

Investment platform operator i-Deal Corp is to allow Initial Coin Offerings or ICOs.

These are used to raise funds for the surge in new "cryptocurrency" ventures - businesses that operate independently of a central bank through the use of a digital currency. 

WATCH: i-Dx platform now has more than 1,600 participants says i-Deal Corp's Tenuta

ICOs have proved to be a cheaper and more popular way for start-ups to access capital and is another example of how the fund-raising sector has evolved in recent years, i-Deal Corp said.  

Its platform, iDx, allows companies to use its web platform to broadcast placement and launch details to its community of investors without commission.


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