TON Foundation raises over $400 million in token sale
03-20 14:29
<p>Odaily News TON Foundation said that venture capital firms such as Sequoia Capital, Ribbit, Benchmark and Kingsway have invested more than $400 million by purchasing Toncoin cryptocurrency. In addition, investors such as Vy Capital, Draper Associates and Libertus Capital also participated in this round of investment. A spokesperson for TON Foundation said: &quot;These venture capital firms invested through Toncoin, rather than through traditional equity or cash.&quot; In the past year, the TON blockchain has more than 40 million active users, and the number of &quot;independent&quot; holders of Toncoin has reached 121 million. (The Block)</p>
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