TechFlow reported on December 3 that Pantera Capital, a cryptocurrency investment institution, submitted documents to the U.S. Securities and Exchange Commission (SEC) showing that it has raised $20 million for the TON blockchain project through two special funds. Both funds started their first round of fundraising in July this year, attracting at least 29 investors, with a single investment threshold of $250,000.
This is another important layout after Pantera Capital made the largest investment in TON in its 21-year history in May 2024. Alex Felix, managing partner of CoinFund, said that TON's fundamentals are still attractive. Jack Booth, co-founder of TON Society, also pointed out at the TON Ecosystem Conference held in Dubai that the ecosystem has gotten rid of the impact of the Durov incident.
