Distributed cloud infrastructure
The Impossible Cloud Network (ICN) is a decentralized approach to cloud infrastructure, providing a platform for managing hardware and cloud resources. It leverages decentralized technologies to ensure data security, integrity, and resiliency. The network functions by pooling global cloud infrastructure under one set of abstractions, removing vendor lock-in and implementing a decentralized Cloud Operating System.
According to official news, Bithumb will list the ICNT/KRW trading pair.
According to Cointelegraph, Switzerland’s Crypto Valley raised a total of $728 million in blockchain funding in 2025—a 37% year-on-year increase—and accounted for 47% of Europe’s blockchain venture capital. The largest single contribution came from TON Network’s $400 million funding round; Sygnum Bank raised $58 million; the M0 stablecoin platform raised $40 million; Impossible Cloud Network and CratD2C raised $34 million and $30 million, respectively. The report states that global blockchain funding totaled $15.5 billion, up 30% year-on-year, but deal volume declined by 32%, reflecting a trend toward concentration of capital in a smaller number of large-scale projects. The number of active blockchain companies in Crypto Valley rose to 1,766, while the number of unicorns fell from 17 to 10, primarily due to market conditions.