Power Ledger raises $34 million in one of Australia’s first successful initial coin offerings – SmartCompany

 

Perth-based energy trading startup Power Ledger has secured $34 million via an initial coin offering (ICO) in one of the largest successful raises by an Australian startup for this alternative mode of financing.Power Ledger provides a blockchain-based peer-to-peer trading platform that allows households to trade excess solar power in the hopes of making energy more distributed and sustainable for consumers now and in the future.

Source: Power Ledger raises $34 million in one of Australia’s first successful initial coin offerings – SmartCompany