Investment capital companies invest more than $ 400,000,000 in the Toncoin Asset class, according to TON

Investment Capital companies have invested more than $ 400 million in the Toncoin Asset (TON), according to the team behind the project.

Open Network Foundation, also known as the TON Foundation Foundation, Notes Investors include Sequoia Capital, Ribbit, Benchmark, Kingsway, Vy Capital, Draper Associats, Libertus Capital, Coinfund, Hypersphere, Skybridge and Karatage.

TON was initially developed through the TELEGRAM Correspondent platform known as Telegram Open Network, but Telegram separated from ways with the project in 2020 following a legal battle with the US Securities and Stock Exchange Committee (SEC).

The open network, an open source of developers, took over the technology management of that year. However, TON can still be sent by Telegram users 1 billion monthly within the statute without entering long wallet addresses.

In January, TON “” “”Exclusive Blockchain“The ecosystem of miniature applications in Telegram.

Sean Maguire, a partner in Sikoya Capital, says his company is enthusiastic about Layer-1 Blockchain technology and its access to the global distribution in Telegram.

“The TON team is the best in the world at the intersection of thinking about consumer products and infrastructure for encryption.”

Ton is traded at $ 3.61 at the time of this report. The encryption assets have decreased fourteenth, according to the maximum market, by more than 2 % in the past 24 hours.

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