Investors continue to invest in crypto-currency start-ups, participating in the primary placement of tokens (ICO), despite the growing regulatory pressure.
Over the period from January to May 2018, ICO raised a total of $ 11.8 billion, which is twice as high as the same period a year earlier ($ 5.5 billion), according to the Wall Street Journal, based on the data from the ICOBench.com platform about 900 transactions.
The ICO market continues to grow, despite tightening regulation, including from the SEC, as well as regular reports of fraudulent transactions and a general fall in the prices of crypto-currencies.