Yolo Investments, a venture capital firm specializing in gaming, fintech, blockchain and emerging technologies, recently announced an $8 million investment in Toncoin and the entire TON ecosystem.
Justin Henn, Director of Fund Development at #TON , said he is thrilled that Yolo Investments has joined TON:
"Yolo Investments has demonstrated its commitment to the ecosystem by investing in a range of projects. "We believe that the mass adoption of #cryptocurrencies via Telegram, especially in the gaming industry, is in line with our go-to-market strategy. We look forward to working with Yolo Investments to bring cryptocurrencies to the masses through platforms like LearnCrypto. com and @wallet, a native #cryptocurrency wallet on Telegram.
Tim Heath, General Partner at Yolo Investments, also commented on the investment:
"We've long supported TON's mission to build a truly decentralized open source future, and now we're putting our money where our mouth is. But beyond the significant investment, we are also committed to deep collaboration and will use our years of experience in this area to support the further development of TON's #web3 SuperApp, which will change the way people consume, save and play.
Yolo Investments manages about 620 million in assets.
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