The funding firm, Pantera Capital, opens a fundraising spherical with the intention to put money into TONnative cryptocurrency of the homonymous community (which stands for The Open Community).
“We invite you to take part within the subsequent spherical of this funding alternative,” will be learn in an e-mail despatched by the agency to its shoppers. These have till June 21 to substantiate their participation and, as indicated within the corresponding type, which was reviewed by the press, The minimal funding is $250,000.
Ryan Barney, one of many firm’s administrators, has mentioned about TON:
“We imagine the TON community continues to be in its early phases and we’re excited to witness the adoption of its ecosystem and new options by the Telegram consumer base.”
Ryan Barney, director of Pantera Capital.
Though there is no such thing as a official hyperlink between TON and Telegram, the reality is that the cryptocurrency community and the messaging utility share a standard previous. Moreover, Virtually your entire ecosystem round TON is designed for use inside Telegram, primarily by means of bots.
As CriptoNoticias reported, in Could 2024, Pantera Capital had introduced an funding in TON for an unspecified quantity, however which claimed to be the biggest cryptocurrency funding made by the agency till then.
Though the final bearish pattern of the cryptocurrency market has hit TON in latest days, this didn’t stop it from setting new all-time highs on Saturday, June 15, above $8.
With a capitalization of greater than 17 billion {dollars}, TON is the ninth most beneficial cryptocurrency available on the market. The emergence of common video games, together with Notcoin, has boosted the TON ecosystem and its native token up to now in 2024.
