AngelList ICO Spin-Off CoinList Raises $9.2 Million

A platform for token offerings first incubated at venture firm AngelList has completed its Series A.

Launched last May, CoinList revealed Wednesday it has raised $9.2 million to build out a platform where accredited investors can invest in initial coin offerings (ICOs), or custom cryptocurrencies issued by startups and open-source projects. Investors in the round include Polychain Capital, FBG Capital, Libertus Capital, Electric Capital, Blockchain Capital, CoinFund and Digital Currency Group.

The news closely follows CoinList’s announcement in October that it would continue to pursue its model, one that had seen it offer support for Filecoin’s record-breaking September ICO, as a standalone company.