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news-imageMarch 20, 2025

The TON Foundation announced $400M in new token-based financing

The TON Foundation will tap a group of Tier 1 VC backers, to raise another $400M in a token-based deal, with additional TON sales.
Publisher: Cryptopolitan
Sentiment: Positive
TON

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cover-imageThe Cryptonomist
March 24, 2025

SUI overtakes TON in stablecoin transfers: signs of market recovery?

In recent days, Sui (SUI) has recorded an increase in activity on its blockchain, surpassing TON in two key metrics: the volume of stablecoin transfers and the number of daily active addresses. These data suggest an increase in interest from investors in the SUI network, as the asset approaches a key support level that could act as a catalyst for a future price recovery.

Positive
cover-imageThe Daily Hodl
March 22, 2025

Venture Capital Firms Invest More than $400,000,000 in Layer-1 Asset Toncoin, According to the TON Foundation

Venture capital firms have invested more than $400 million into the layer-1 asset Toncoin (TON), according to the team behind the project. The Open Network Foundation, also known as the TON Foundation, notes that investors include Sequoia Capital, Ribbit, Benchmark, Kingsway, Vy Capital, Draper Associates, Libertus Capital, CoinFund, Hypersphere, SkyBridge and Karatage.

Positive
cover-imageInvezz
March 21, 2025

Toncoin (TON) rallies 32%, but this crypto is set for a 300% surge soon

The crypto market is showing signs of strength as major assets regain momentum. With Bitcoin (BTC) stabilizing near $84,000, investors are shifting their focus to altcoins that have the potential for significant growth. Among them, Toncoin (TON) has surged by 32% in the past week, leading many to believe that it could push even higher.

Positive
cover-imageCointelegraph
March 20, 2025

TON Foundation raises $400M via token sale

The Open Network Foundation, also known as TON Foundation, has raised more than $400 million in token-based investments from several venture capital firms, signaling growing interest in the Telegram messaging ecosystem. Sequoia Capital, Ribbit, Benchmark, Draper Associates, Kingsway, Vy Capital, Libertus Capital, CoinFund, SkyBridge, Hypersphere and Karatage participated in the investment by purchasing Toncoin (TON), the native cryptocurrency of The Open Network.

Positive
cover-imageCointelegraph
March 20, 2025

Venture capital firms invest $400M in TON blockchain

Update (March 20 at 4:41 PM UTC): This article has been updated to clarify that the token sale was not directed at the TON Foundation. The Open Network Foundation, also known as TON Foundation, said several venture capital firms invested more than $400 million in the TON blockchain, signaling growing interest in the Telegram messaging ecosystem.

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