During 2017 and early 2018, cryptocurrency startups raised billions of dollars through ICOs, funds which were predominantly denominated in ether ...
source https://www.google.com/url?rct=j&sa=t&url=https://www.ccn.com/icos-arent-cashing-out-their-cryptocurrency-warchests-yet-research/&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNEEQqRf6sutO6F79DBUqVo-7TmKZw
