News & Insights

End of Q2 2018 ICO Statistics

As at the end of Q2 2018, the Cayman Islands ranked as the leading jurisdiction globally for ICOs (by aggregate funding volume) and was also the jurisdiction of choice for the largest ICO (being EOS² – Unicorn ICO).

Leading ICO countries in 2018 (based on funding volume)

Country	Raised USD mn	Closed ICO	Planned ICOs
Cayman Islands	4,254	10	16
British Virgin Islands	2,227	16	2
Singapore	1,192	53	52
USA	1,092	56	50
UK	507	48	51
Switzerland	456	28	36
Estonia	323	31	40
Lithuania	259	6	5
Israel	226	5	5
Hong Kong	223	20	15

Taken from the Initial Coin Offerings: A Strategic Perspective R eport.

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Chris Humphries

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Tel:+1 (345) 814-7911

This publication is for general guidance and is not intended to be a substitute for specific legal advice. Specialist advice should be sought about specific circumstances.

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Client Testimonial - Chambers & Partners
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Legal 500
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Fund Client Testimonial - IFLR 1000
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Fund Client Testimonial - Chambers & Partners
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