Bitget and Foresight Ventures Announce $20M TON Ecosystem Fund to Drive Innovation
Crypto exchange Bitget, in collaboration with Singapore-based investment firm Foresight Ventures, is launching a $20 million TON Ecosystem Fund.
The fund is intended to provide a boost to the Telegram Open Network (TON), a platform that facilitates the integration of blockchain and cryptocurrency within the Telegram messenger, Bitget said in a recent press release.
The primary objective of the $20 million TON Ecosystem Fund is to provide support for early-stage projects within the TON ecosystem, with a particular focus on driving innovation.
The fund aims to facilitate project development by offering comprehensive assistance, including liquidity provisions on the Bitget platform.
Happy to announce the $20 million TON Ecosystem Fund we just launched in alliance with Foresight Ventures! @ton_blockchain
With $TON surpassing Ethereum in daily active addresses, we’re fueling early-stage projects on The Open Network.
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