• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Robert Kiyosaki Endorses Bitcoin for Network Strength

    Robert Kiyosaki Predicts Bitcoin’s Bullish Growth by 2025

    Robert Kiyosaki Endorses Bitcoin for Network Strength

    Blockstream’s Adam Back Leads Funding for Swedish Firm’s BTC Buy

    Blockstream CEO Leads $2.2M Bitcoin Investment in Sweden

    Adam Back Leads $2.2M Bitcoin Funding for Health Tech

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Veteran Trader Predicts XRP Drop to $1.07 Soon

    Veteran Trader Predicts XRP Price Drop to $1.07

    XRP Price Targeted for Potential Drop to $1.07

    Trader Predicts XRP Price Drop to $1.07

    Veteran Trader Predicts XRP Price Fall to $1.07

    XRP Faces Potential Drop to $1.07 Amid Market Analysis

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

TON Foundation Secures $400M in Token Fundraising

Solomon M. by Solomon M.
March 21, 2025
in Altcoin News
Key Points:

  • TON Foundation raises over $400 million via Toncoin.
  • Strategic collaboration with Telegram ecosystem.
  • Aims to expand U.S. market presence.

ton-foundation-secures-400m-in-token-fundraising
TON Foundation Secures $400M in Token Fundraising

Lede: The TON Foundation’s significant $400 million token sale bolsters the TON blockchain’s integration with Telegram, potentially elevating user engagement and market penetration globally.

Nut Graph: The TON Foundation recently announced its successful fundraising of over $400 million through the sale of its native token, Toncoin (TON). This effort, involving investments from major venture capital firms, aims to strengthen the TON ecosystem. Manuel Stotz leads the initiative as the new President of the TON Foundation, with ambitions to grow TON’s presence in the United States. Participating investors such as Sequoia Capital, Ribbit Capital, and Benchmark demonstrate substantial confidence in TON’s prospects.

Shaun Maguire, Partner, Sequoia Capital, remarked, “The TON team is the best in the world at the intersection of consumer product thinking and crypto infrastructure,” noting the unique potential for leveraging Telegram’s user distribution.

Market reactions have been notable, with the Toncoin price rising by 5.8% post-announcement. The funds will support developing applications within Telegram, focusing on user acquisition and developer incentives. The active user base on the TON blockchain has expanded to over 42 million, emphasizing its growing relevance in the crypto market.

Current trading data shows Toncoin fluctuating between $3.72 and $3.81, with 42 million active accounts indicating significant network growth. Analysts interpret these movements as consistent with previous trends. Expert opinions highlight the potential rise in Toncoin adoption, particularly through Telegram’s extensive user base, creating opportunities for financial inclusivity. These insights underscore the intersection of consumer technology and crypto infrastructure emphasized by Sequoia Capital’s Shaun Maguire.

Previous Post

Walrus Foundation Secures $140 Million Funding Round

Next Post

Trump Advocates Stablecoin Legislation for Dollar Dominance

Solomon M.

Solomon M.

Related Posts

Veteran Trader Predicts XRP Drop to $1.07 Soon

by Solomon M.
May 26, 2025

Peter Brandt foresees XRP declining to $1.07 based on technical analysis, impacting market sentiment.

Veteran Trader Predicts XRP Price Drop to $1.07

by Solomon M.
May 26, 2025

Peter Brandt predicts XRP could drop to $1.07, impacting investors.

XRP Price Targeted for Potential Drop to $1.07

by Solomon M.
May 26, 2025

Veteran trader Peter Brandt forecasts XRP could fall to $1.07 amidst mixed predictions.

Trader Predicts XRP Price Drop to $1.07

by Solomon M.
May 26, 2025

Veteran trader Peter Brandt forecasts potential XRP drop to $1.07 if support levels break.

Veteran Trader Predicts XRP Price Fall to $1.07

by Solomon M.
May 26, 2025

Veteran trader Peter Brandt forecasts XRP price drop to $1.07, citing technical analysis.

XRP Faces Potential Drop to $1.07 Amid Market Analysis

by Solomon M.
May 26, 2025

Veteran analyst Peter Brandt predicts XRP may crash to $1.07 by 2025.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.