Pantera Capital Leads Blockchain Investment in Telegram’s TON 

• Pantera Capital Makes Big Bet on Telegram’s TON Blockchain (15 words)
• TON Investment Leverages Telegram’s Massive User Base (15 words)
• Easy Onboarding and Thriving Mini-Apps Attract Pantera to TON (15 words)

In a move signaling confidence in the future of Telegram’s blockchain network, Pantera Capital, a leading venture capital firm specializing in blockchain technology announced its largest ever investment in TON. The exact amount of the investment remains undisclosed.

Pantera Capital founder Dan Morehead said TON is the largest investment Pantera has ever made, but did not disclose the specific amount, nor the discounted price for purchasing TON tokens. Pantera had earlier said it would raise up to $250 million to purchase discounted SOL from…

— Wu Blockchain (@WuBlockchain) May 10, 2024

TON, originally designed by Telegram, is a Layer 1 blockchain network that has garnered significant attention due to its connection to the popular messaging app. Telegram boasts over 900 million monthly active users, a vast user base that Pantera Capital believes positions TON for mainstream crypto adoption.

Pantera Capital outlined several factors that contributed…

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