BACK TO EVENTS
This invited a denial followed by dazed reactions from the incumbents for some years, before they have finally come to accept that crypto is not a fad, but an inevitable universal upgrade. Even though we don’t see the same brouhaha as last year, from ICOs raising billions of dollars in 2017 , the truth is some ICOs have rounded up astounding figures in private rounds in 2018, exclusively from institutional capital. EOS and Telegram ICOs which concluded their fundraising in 2018 are testimony to the gigantic institutional appetite for the relevant crypto projects. Crypto is going Institutional in more ways than one: Traditional private equity and venture capital funds are obtaining mandates from their existing LPs to invest in crypto.