Crypto

Bitget, Foresight Ventures Venture Deeper Into TON Ecosystem With $30M Deal

Bitget, Foresight Ventures, and Toncoin holders have come together for a strategic investment in the TON ecosystem. The TON Foundation is not directly involved in the deal, but the parties have expressed their commitment to working closely with the foundation to enhance the TON ecosystem.

A spokesperson confirmed the investment in an email to CoinDesk, stating that all TON tokens acquired as part of the deal will be subject to a lock-up period. These tokens will be gradually released according to a vesting scheme to ensure long-term commitment to the TON ecosystem from all parties involved.

The TON Foundation, while not participating in this particular investment, continues to actively support the development and user adoption of the TON ecosystem. The collaboration between Bitget, Foresight Ventures, Toncoin holders, and the TON Foundation highlights the growing interest and investment in the TON ecosystem.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button