Data: This year's Q2 may become the worst quarter for cryptocurrency public fundraising, with ICO/IDO/IEO raising only 58 million dollars

According to data from CryptoRank.io, in the second quarter of 2026, only $58 million was raised through methods such as Initial Exchange Offerings (IEO), Initial Coin Offerings (ICO), and Initial DEX Offerings (IDO), a decrease of 85% compared to the previous quarter. The number of fundraising projects also plummeted from 105 in Q1 to 37, a year-on-year decrease of 65%.

In May, only 13 public fundraising events occurred, the lowest level since December 2020. Since peaking in the first quarter of 2025 (with $849 million raised across 429 projects), the public fundraising market has remained sluggish.