American venture fund Pantera Capital has announced that it

--・2 views

American venture fund Pantera Capital has announced that it has invested a record amount of money in TON. The exact investment amount is still undisclosed. However, a few assumptions can be made: - The fund financed (albeit jointly) many industry heavyweights like Bakkt, Bitso, and Alchemy, who raised between $250 million and $300 million at one point. - The fund planned to raise a similar amount to acquire #Solana ( $SOL ) from FTX. - Pantera recently announced the raising of $1 billion in a new structure. Pantera Capital CEO Dan Morehead shared that he recently had lunch with Pavel Durov and "was mesmerized by the purity of his convictions." The investment giant explained its decision to invest in #TON by the project's potential to become one of the largest #crypto networks. "Thanks to the dynamic sharding mechanism, the TON blockchain can process millions of transactions per second and scale efficiently as the number of users grows," the letter from Pantera Capital's leaders stated. They also highlighted Telegram's immense potential in terms of mass cryptocurrency adoption, pointing to the popularity of internal mini-apps like Notcoin, new earning methods, and USDT stablecoin payments on the TON platform.$BTC $ETH $BNB #BinanceLaunchpool #BTC #Memecoins #altcoins

American venture fund Pantera Capital has announced that it has invested a record amount of money in TON.
The exact investment amount is still undisclosed. However, a few assumptions can be made:
- The fund financed (albeit jointly) many industry heavyweights like Bakkt, Bitso, and Alchemy, who raised between $250 million and $300 million at one point.
- The fund planned to raise a similar amount to acquire #Solana ( $SOL ) from FTX.
- Pantera recently announced the raising of $1 billion in a new structure.
Pantera Capital CEO Dan Morehead shared that he recently had lunch with Pavel Durov and "was mesmerized by the purity of his convictions."
The investment giant explained its decision to invest in #TON by the project's potential to become one of the largest #crypto networks.
"Thanks to the dynamic sharding mechanism, the TON blockchain can process millions of transactions per second and scale efficiently as the number of users grows," the letter from Pantera Capital's leaders stated.
They also highlighted Telegram's immense potential in terms of mass cryptocurrency adoption, pointing to the popularity of internal mini-apps like Notcoin, new earning methods, and USDT stablecoin payments on the TON platform.$BTC $ETH $BNB #BinanceLaunchpool  #BTC  #Memecoins  #altcoins  