Coinbase Ventures Invests in Toncoin, Boosting TON Ecosystem’s Expansion

The TON Foundation announced a significant development as Coinbase Ventures, the venture arm of Coinbase, has made an investment in Toncoin. This move signifies a major vote of confidence in The Open Network’s ecosystem and opens doors for further growth within the TON network. Notably, the exact amount of TON held by Coinbase Ventures remains undisclosed.