Telegram raises $1.7B in largest ICO in history By Carleton English March 30, 2018 | 10:00pm Shutterstock Popular messaging app Telegram has raised $1.7 billion in the largest initial coin offering to date. That staggering capital raise comes even as excitement in the crypto-asset space, which includes ICOs and bitcoin, has waned amid increased regulatory pressure. In addition, a growing number of social media platforms have banned ads for crypto-assets and ICOs. Five-year old Telegram will use the proceeds to develop the TON blockchain — with plans to create its own crypto-asset called Gram, among other things, Bloomberg reports. https://nypost.com/2018/03/30/teleg...utm_source=NYPTwitter&utm_campaign=SocialFlow