Crypto startup Legion raises $5 million to bring back ICOs—without the scams

fortune.com/crypto/2025/08/20/legion-icos-5-million-seed-round-vaneck-brevan-howard-digital

The ICO, or initial coin offering, era was notorious. A decade ago, crypto founders raised millions and even billions from small-time traders by selling cryptocurrencies tied to new projects. Many raises, like the one for Ethereum in 2014, were in good faith. Others were outright scams.…

This story appeared on fortune.com, 2025-08-20 12:00:00.
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