Entrepreneurship capital firms have invested over $ 400 million in Layer-1 Asset Toncoin. The project is a platform that attracts the attention of investors and attracts attention on an international scale. Toncoin stands out with its technological infrastructure and relationship with Telegram.
INVESTMENT INFORMATION
Within the scope of Toncoin investments, many companies such as Sequoia Capital, Ribbit, Benchmark, Kingsway, Vy Capital, Draper Assocates, Libertus Capital, Coinfund, Hypersphere, Skybridge and Karatage. The support of these investors aims to increase the potential and market expectations of the project. This figure is considered important for strengthening the infrastructure of the project.
History of Ton
Toncoin initially developed by Telegram was known as Telegram Open Network. In 2020, after the legal process with the US Securities and Stock Exchange Commission, Telegram left the project. The management was transferred to the open source developer community and the system continued to be used.
Technology and Cooperation
Telegram users can send toncoin without long wallet addresses via the platform. In addition, in January this year, the project’s original blockchain for Telegram’s mini Apps ecosystem has expanded the use of technology. Thanks to the global distribution network, the technological infrastructure is aimed at reaching a wider audience.
Shaun Maguire, Sequoia Capital, as a partner, “Ton team is one of the best team in the world at the intersection of consumer product development and crypto infrastructure.” He said.
Toncoin is trading at $ 3.61 in the market. The 14th ranking of the market value ranking has declined by more than 2 percent in the last 24 hours. Investors and users closely follow technological developments.
The future of the project continues to be shaped with the support of investors and community contributions. Thanks to its Toncoin infrastructure, technological innovations and global distribution network, efforts are being carried out to maintain its place in the sector.
The above -mentioned developments are among the important elements affecting the dynamics in the sector. The project is evaluated that it can create new opportunities in the field of technology and cooperation while attracting the attention of investors. Developments are followed with cautious hopes on the market side.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
