Pantera Capital Invests $20 Million in TON Blockchain Ecosystem – BitRss

Since 2013, Pantera Capital has invested in cryptocurrency, announcing a new $20 million investment in the TON Blockchain network associated with Telegram. The company stated that this investment aims to support the growth of projects within the TON ecosystem. Pantera expressed confidence in TON’s potential to achieve its long-term goals in the blockchain sector.

Pantera Capital’s Confidence in TON

With this investment in TON, Pantera Capital continues its commitment to blockchain technology. The company highlighted TON’s fast and scalable structure as particularly noteworthy. CEO Dan Morehead emphasized that this investment has the potential to mobilize a strong infrastructure, such as the Telegram user base. Morehead stated, “We believe that TON will be an essential network for decentralized finance and applications in the future.”

Pantera aims to provide support to developers and projects working on TON with this new funding. This move could play a critical role in the adoption of blockchain technology. The company also believes that this investment will help the TON ecosystem reach a broader global user base.