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Friday, August 4, 2017

$1.6 Billion: All-Time ICO Funding Climbs as Record $500 Million Invested in July

$1.6 Billion: All-Time ICO Funding Climbs as Record $500 Million Invested in July

The impressive figures were boosted by a July in which blockchain projects raised more than $540 million, making it the third month in a row in which a new monthly record was set.


Perhaps in response, traditional venture capital investments in blockchain companies have slowed down in the last two months.


After peaking in May with a then-record-breaking $103 million funding round for banking consortium R3, traditional blockchain investments only raised $6.12 million in July.


Full story at http://bit.ly/2hu4elA


Source: CoinDesk


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