Coinbase Ventures bought Toncoin tokens directly from Telegram to support TON’s blockchain project
Description
Coinbase Ventures, the investment arm of U.S. crypto exchange Coinbase, now owns Toncoin, the native cryptocurrency of the Open Network (TON). This blockchain powers Telegram’s web3 ecosystem, directly enabling payments, gaming, NFTs, and other decentralized services within the messaging app. The TON Foundation revealed the investment on Monday in an announcement on X, and described it as a strong endorsement from one of the most prominent venture investors in the crypto industry . The Foundatio...
$TON
$3.3614
+0.83%
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