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CryptoIntelligence 2024-09-18 18:47:00

Bitget and Foresight Ventures Announce Huge Investment Into TON

Telegram’s blockchain platform, The Open Network (TON), is set to benefit from a substantial financial injection from Bitget and Foresight Ventures, enhancing the development of TON applications within Telegram. On Sept. 18, Bitget announced a strategic investment of $30 million into TON. This funding aims to bolster major play-to-earn (P2E) games on Telegram, highlighting titles such as Hamster Kombat and Notcoin. The investment from Bitget and Foresight will be channeled through the purchase of Toncoin (TON), the utility token essential for running decentralized applications (DApps) on the TON ecosystem. This move is expected to deepen their involvement in TON’s governance

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