Venture Capital Giants Invest $400M in TON Blockchain's Native Token, ToncoinYouTube

The TON Foundation has received over $400 million in token-based investments from prominent venture capital firms such as Sequoia Capital, Ribbit, Paradigm, Benchmark, and Kingsway. This investment reflects growing institutional interest in TON's infrastructure and its potential to scale financial applications within Telegram's ecosystem. TON's close relationship with Telegram has been a significant growth driver. Earlier this year, TON became the underlying blockchain for Telegram's Mini Apps Ecosystem, enabling developers to create integrated financial services and interactive experiences for Telegram's extensive user base. This integration has led to substantial growth, with active accounts on the TON network increasing from 4 million to 41 million in the past year. Additionally, the number of Toncoin holders now totals 121 million, surpassing the total number of Bitcoin wallet holders. The TON Foundation aims to engage 30% of Telegram's active users—approximately 450 million people—by 2028. This strategy includes expanding decentralized finance tools, multiplayer mini-games, and in-app payment solutions, as well as introducing on-chain collectibles and rewards. The $400 million token-based investment is expected to drive further growth for TON by funding user acquisition, developer incentives, and product development. As Telegram's reach expands, TON's role as the backbone for financial services within the platform could solidify its position as a major player in the blockchain space. Shaun Maguire, partner at Sequoia Capital, expressed optimism about TON's future, stating, "The TON team is the best in the world at the intersection of consumer product thinking and crypto infrastructure. When you combine this with the global distribution of Telegram, we're very excited to see where they go." #TONFoundation #Toncoin #Telegram #Blockchain #CryptoInvestment #SequoiaCapital #RibbitCapital #Benchmark #Kingsway #VyCapital #DraperAssociates #LibertusCapital #CoinFund #Hypersphere #SkyBridge #Karatage #VentureCapital #CryptoFunding #DecentralizedFinance #DeFi #CryptoEcosystem #DigitalAssets #Cryptocurrency #CryptoNews #BlockchainTechnology #CryptoAdoption #CryptoInvesting #CryptoCommunity #CryptoMarket #CryptoUpdates #CryptoGrowth