Coinbase Ventures Invests Directly in Telegram’s Toncoin, Signaling Major Blockchain Support

Coinbase Ventures, the investment arm of U.S. crypto exchange Coinbase, has made a significant move in the blockchain space by purchasing Toncoin directly from Telegram, the messaging giant behind the Open Network (TON). This investment highlights the growing trust and confidence surrounding TON’s potential to revolutionize social media and usher in mainstream blockchain adoption. 💰