The European country is considering a coin offering that would include the issuance of estcoins; the offering would build on the country's progressive innovation in technology and specifically its e-Residency Program; Kaspar Korjus, director of Estonia's e-Residency program, has been a leading proponent for the ICO and the country is also supported by ethereum founder Vitalik Buterin; funds from the ICO would go towards investment in new technologies for the public sector as well as invest venture capital into Estonian companies. Source
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CB Insights reports on two of Europe's top markets for fintech investment, the UK and Germany; the UK is reporting significant early-stage investment in personal banking platforms and insurtech with insurtech also a top investment in Germany; year-to-date, European fintech companies have raised approximately $2.6 billion with early stage fintech financing in the UK at $202 million and Germany reporting financing of $83 million. Source