TON Ventures Rolls Out $40M Fund for Early-Stage Crypto Projects Within TON Ecosystem
CryptoNewsTerminal Staff14 Aug, 2024
TON Ventures Rolls Out $40M Fund for Early-Stage Crypto Projects Within TON Ecosystem
TON Ventures, the venture capital arm of Telegram Open Network (TON), recently announced the launch of a $40 million fund dedicated to supporting early-stage crypto projects within the TON ecosystem. According to Cointelegraph, the fund will provide financial grants to selected projects along with additional support in the form of Telegram ads, media coverage, and opportunities for strategic partnerships. This move underscores TON's commitment to fostering innovation and growth within its ecosystem. By providing funding and support to promising projects, TON Ventures aims to accelerate the development of the TON blockchain and its applications. Stay tuned for updates on the progress of projects supported by the TON Ventures fund, as they contribute to the growth and adoption of the TON ecosystem.
