Report Claims That 46% of All Funds Generated by ICOs Have Been Raised in Europe

Research conducted by Atomico, a prominent European venture capital firm, claims that nearly half of all funds generated through initial coin offerings (ICOs) has been raised in Europe. The findings have been published in the third edition of Atomico’s State of European Tech Report.

“There Are More ICO Projects Coming From Europe-Based Entities and European Founders Than Any Other Region”

Atomico’s assessments regarding ICOs is principally drawn from data compiled by TokenData. Although 90% of all financing raised through ICOs has occurred during 2017, the data purports to have analyzed the funds raised by all initial coin offerings since 2014…

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