Top Mining Pool ViaBTC Raises $30 Million in Little Over 2 Hours Through ICO

The world’s first ever ICO running on the bitcoin cash blockchain raised $30 million in just over 2 hours, defying the bear market.

  • The world’s first ever ICO running on the bitcoin cash blockchain raised $30 million in just over 2 hours, defying the bear market
  • Its VIAT token will be particularly useful for ViaBTC’s on-platform functions

Recently, one of the biggest cryptocurrency mining pools in China, ViaBTC finished its first high-value initial coin offering (ICO), using the Wormhole protocol and the bitcoin cash (BCH) blockchain.

Exchange data revealed the ICO, which was the first to ever take place on the bitcoin cash blockchain, was able to raise $30 million in 2.2 hours, despite the ongoing crypto bear market.

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