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Pantera Capital, a prominent crypto venture firm managing over $5 billion in assets, has invested in The Open Network (TON), Telegram's Layer 1 blockchain. This strategic move aims to leverage Telegram's extensive user base of 900 million monthly active users to spearhead widespread crypto adoption. TON has shown significant growth over the past year, with daily active users increasing by 1,900%, monthly active wallets by 2,300%, and daily transactions by 2,200%. Pantera Capital's investment is seen as a major endorsement of TON's potential to integrate Web3 into a widely used platform.
PANTERA CAPITAL INVESTS IN TON BLOCKCHAIN: WHAT TO KNOW - Pantera Capital, a leading crypto venture firm managing over $5 billion in assets, has officially invested in The Open Network (TON) blockchain. - Ryan Barney, Senior Investment Associate at Pantera, highlighted TON's… https://t.co/z2oz3ibOEP https://t.co/3AcBoAdJOX
UPDATE: PANTERA CAPITAL ANNOUNCES INVESTMENT IN #TON BLOCKCHAIN
Pantera Capital announced its investment in TON and expressed confidence in TON’s ability to introduce cryptocurrencies to the masses due to its widespread use on the Telegram network, telegram is the only major platform that can incorporate Web3 into an open blockchain network…
