**Telegram’s Blockchain Platform TON Makes $30 Million Investment**
- Bitget and Foresight Ventures have provided significant financial support for Telegram’s blockchain platform The Open Network (TON).
- On September 18, Bitget announced a $30 million strategic investment in TON.
- This investment aims to support games such as Hamster Kombat and Notcoin on Telegram.
- The investment will be made through the purchase of Toncoin (TON), which is required for decentralized applications (DApps) to operate in the TON ecosystem.
- Bitget CEO Gracy Chen stated that this partnership is an important step in developing innovative products and solutions.
- The TON ecosystem gained great momentum with the introduction of Telegram Mini Apps in 2023.
- According to DefiLlama data, the total value locked (TVL) in TON projects reached $403.5 million.
- Foresight Ventures CEO Forest Bai stated that the TON ecosystem offers a huge market opportunity in the future.
- Bitget also experienced a significant increase in the number of users and became the fourth largest crypto exchange with a daily trading volume of $1.5 billion.