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HYPE $56.01 -3.13%
AAVE $86.56 -1.04%
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ZEC $488.92 +0.47%

TON: The foundation did not raise $400 million, but rather venture capital firms hold TON tokens worth over $400 million

2025-03-21 22:34:03

ChainCatcher news, the official TON blockchain stated on social media: "Contrary to some news media reports, the TON Foundation did not 'raise' $400 million. In fact, what the foundation disclosed is that over $400 million worth of Toncoin is currently held by some of the most forward-looking venture capital firms in the United States."

TON: The foundation did not raise $400 million, but rather venture capital firms hold TON tokens worth over $400 million

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