Pantera Capital Backs TON Blockchain, TON Price Soars 10%

Pantera Capital, a leading crypto venture capital firm, has recently invested in The Open Network (TON) blockchain. TON, initially developed by Telegram, has gained significant traction within the Telegram network, boasting over 900 million monthly active users. Recent updates include Telegram’s integration of Toncoin (TON) tokens for ad revenue sharing and rewards distribution. TON has notably surged 9.6% sequel to the announcement.