💰 Israeli startups raised $600 million through ICOs in 2018
Israeli startups have brought in more than $600 million in funding from initial coin offerings (ICOs) in the first three quarters of 2018, according to a report from crypto research firm One Alpha. Its survey counted 140 active blockchain-related companies in Israel, which, when combined with other forms of investment, have received $1.3 billion worth of investments. "More than 60% of the companies and 88% of the funds are ICO-related," the report noted.
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