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ICO volumes slowed less than expected in March

Published 04/05/2018, 01:18 PM
© Reuters.  ICO volumes slowed less than expected in March
RIOT
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GROW
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BYON
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LSAK
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MGTI
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IDEX
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GGAMu
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BITCF
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SRAX
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BTCS
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XNET
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MARA
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GBTC_OLD
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LFIN
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GAHC
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BTSC
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ARSC
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USTC
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  • The total amount of funds raised through ICOs was $1.2B in March, according to Token Report. That's down 24% from February, but ICOs still raised a staggering $4B in Q1.
  • Not included in the March numbers are two of the biggest ICO's - those for popular messaging app Telegram and a seemingly blank check token called EOS by block.one have raised a combined $3.2B so far.
  • Still regulatory scrutiny is taking a toll, with SEC probing highly speculative deals.
  • Related tickers: OTCQX:GBTC, COIN, RIOT, OSTK, SSC, MARA, UEPS, OTC:BITCF, XNET, GROW, OTCPK:BTSC, OTCQB:BTCS, OTCQB:MGTI, OTCPK:BTLLF SRAX, OTCPK:GAHC, OTC:ARSC, OTCPK:USTC, OTCPK:BLKCF, COINB, LFIN


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