Bitget and Foresight Ventures established a $20M TON Ecosystem Fund to support early-stage projects on The Open Network (TON).

Bitget and Foresight Ventures established a $20M TON Ecosystem Fund to support early-stage projects on The Open Network (TON). The fund aims to promote project development within the TON ecosystem, which has experienced rapid growth, including a 500% increase in Total Value Locked (TVL) to $600M in two months. This strategic initiative comes as TON surpasses Ethereum in daily active addresses, benefiting from Telegram's massive 900M user base.

June 26, 2024
4 Articles

Further Reading