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Former members of the TON Foundation have launched a new venture capital firm, TON Ventures, securing $40 million to invest in early-stage crypto projects within the TON ecosystem. The fund aims to support consumer applications that leverage Telegram's social features, capitalizing on the rapid growth of the TON blockchain, which has seen its total value locked (TVL) increase by 8,265% over the past year. The initiative is led by former TON Foundation leaders Ian W. and Inal K., and seeks to fuel the next wave of Web3 innovation. Additionally, TON’s native token, toncoin, has surged by 339%.
TON VENTURES LAUNCHES FUND TO BOOST EARLY-STAGE CRYPTO PROJECTS The newly launched TON Ventures, a $40 million fund by former TON Foundation leaders, aims to supercharge early-stage projects within the TON ecosystem. The firm plans to connect investors with innovators,… https://t.co/IpjgBq1wbi
TON VENTURES DROPS $40M FUND TO BOOST CRYPTO PROJECTS TON Ventures just unleashed a $40 million fund to fuel early-stage crypto projects in the TON ecosystem. Founded by ex-TON pros, they’re connecting investors with the next-gen startups using Telegram’s social tools. With… https://t.co/CbITtNXARi
.@ton_blockchain is not stopping in its development. Most recently, @ton_blockchain and @MOCAFoundation teamed up to launch a $20M Token Reserve to incentivize developers within both ecosystems. Not feeling the magnitude? Then watch this: - more than 900 million users of the… https://t.co/Tk9PFGoax2
