The TON Foundation announced that a group of venture capitalists, including Sequoia Capital, Ribbit, Benchmark and Kingsway, invested more than $400 million by purchasing the Toncoin cryptocurrency.
"These venture capital firms have invested more than $400 million in Toncoin, the native cryptocurrency of the TON blockchain," said a TON Foundation spokesperson. "These funds are provided in the form of Toncoin, rather than traditional equity or cash."
TON Foundation Raises Over $400 million Through Token Sale
2025-03-20 14:21:30
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