Home / Tech News / U.S. ranks No. 1 for ICOs, followed by Switzerland and Singapore

U.S. ranks No. 1 for ICOs, followed by Switzerland and Singapore

As preliminary coin choices proceed to blow up, a brand new find out about discovered that the U.S. has change into the main territory for such offers, regardless of a murky regulatory image.

In line with a record launched as of late by means of the Crypto Finance Convention, 30 of the 100 biggest ICOs had been held by means of firms primarily based within the U.S. Switzerland was once house to 15, adopted by means of Singapore with 11.

“ICOs proceed to achieve momentum. They raised $6.three billion within the first quarter of 2018 — greater than was once raised in all of 2017,” stated Andrea-Franco Stöhr, CEO of CFC, stated in a observation. “This analysis is a brilliant useful resource for the following technology of initiatives. It is helping us perceive which international locations are embracing blockchain and crypto, and the way.”

The find out about additionally famous that a variety of international locations are operating laborious to place in position rules that may inspire extra ICOs, together with Estonia, which was once house to four of the highest 100 ICOs, and Russia, which had 6.

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