Israeli startups have brought in more than $600 million in funding from initial coin offerings in the first three quarters of 2018, according to a report from research firm One Alpha looking at global ICOs and blockchain projects.

One Alpha’s 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 percent of the companies and 88 percent of the funds are ICO-related,” the report noted.

Yaniv Feldman, CEO of One Alpha, told CoinDesk, that Israelis are “less than 0.1 percent of global population while making 3 to 5 percent of global ICO fundraising.” Read more here.

ThirtyK Staff
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