Following Pantera Capital’s disclosure of its investment in TON tokens, Manuel Stotz, founder and CEO of Kingsway Capital, also revealed that the institution’s largest holding of tokens to date is also TON, and that the venture capital firm began buying TON tokens two years ago (earlier than Pantera Capital). Ryze Labs (formerly Sino Global Capital) has also invested heavily in TON tokens, and its founding and managing partner Matthew Graham said that Ryze Labs has always been a “big buyer” of TON. In addition, Yat Siu of Animoca Brands said that he had previously purchased the token when the price of TON was less than $1, and then continued to purchase it at prices of $1, $1.5 and $2. (TheBlock)
