Power Ledger's Oz-first Bitcoin IPO surges to $34m
![Dave Martin and Jemma Green of Power Ledger originally said they would be satisfied with $5 million from their ...](http://web.archive.org./web/20171007183434/http://www.afr.com/content/dam/images/g/x/w/a/9/g/image.related.afrIndexLead.320x210.gyw2lv.png/1507280412835.jpg)
The runaway success of the Bitcoin IP - also known as an "initial coin offering" or ICO - has given the Perth-based company an unexpected windfall with which to expand its novel blockchain-based trading system.