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TON Foundation has secured over $400 million in token-based investments from some of the most reputable venture capital firms. Editor’s note: This article has been updated to clarify that the $400 million figure represents a token-based investment in Toncoin, not a traditional funding round and includes a statement from a TON spokeperson. According to a March 20 press release sent to crypto.news, investors include Sequoia Capital, Ribbit, Paradigm, Benchmark, and Kingsway. The investment reflects increasing institutional interest in TON’s infrastructure and its ability to scale financial applications within Telegram’s ecosystem. “These venture capital firms hold over $400 million worth of Toncoin, which is the native cryptocurrency of the TON blockchain. By ‘token-based investment,’ we mean that the funding is provided in the form of Toncoin, rather than traditional equity or cash. It’s important to note that this is not a fundraising round. Instead, these VCs are placing their bets on the future success and utility of the TON blockchain, its growing ecosystem, and its potential to provide real-world utility for crypto holdings, especially within Telegram.” -TON spokeperson TON’s close relationship with Telegram has become a major growth driver. Earlier this year, TON became the underlying blockchain for Telegram’s Mini Apps Ecosystem, allowing developers to create integrated financial services and interactive experiences for Telegram’s massive user base of over 1 billion monthly active users. This connection has generated signifcant growth that has attracted investor attention. Specifically, the press release notes the number of active accounts on the TON network has increased from 4 million to 41 million in the past year. Also, the number of Toncoin ( TON ) holders totals 121 million which is larger than the total number of Bitcoin wallet holders. TON Foundation now aims to engage 30% of Telegram’s active users — approximately 450 million people — by 2028. The strategy involves expanding decentralized finance tools, multiplayer mini-games, and in-app payment solutions, while also introducing on-chain collectibles and rewards. The $400 million token-based investment is expected to drive further growth for TON by funding user acquisition, developer incentives, and product development. As Telegram’s reach expands, TON’s position as the backbone for financial services within the platform could solidify its role as a major player in the blockchain space. “The TON team is the best in the world at the intersection of consumer product thinking and crypto infrastructure. When you combine this with the global distribution of Telegram, we’re very excited to see where they go,” said Shaun Maguire, partner at Sequoia Capital.

The president’s post announcing the restoration of the account came a few days after his social media account was used to promote a project known as Solanafrica. Hours earlier, Ghana’s Cyber Security Authority (CSA) issued a statement confirming the breach and outlining the actions being taken to remove the hackers, who continued to post new messages. “We understand the public concern this incident has generated and are actively addressing the situation. The authority is working closely with X and other relevant stakeholders to address this incident and to prevent future occurrences,” the CSA said. According to a Business Insider report, the X post in question claimed the crypto project was being spearheaded by Mahama “to make payments across Africa free using the Solana blockchain.” The post and subsequent messages encouraged Mahama’s 2.4 million followers to invest in the scheme. The breach prompted local cybersecurity expert Abubakar Issaka, from Ghana’s Centre for Cyberwatch and Data Protection, to call for the implementation of stringent backend security checks. He stated that two-factor authentication alone “is no longer sufficient” to block increasingly sophisticated hackers. Instead, Issaka said prominent social media users must also consider monitoring login activities and limiting third-party app access. He added that they should assign dedicated teams to ensure around-the-clock surveillance of their digital platforms. The hijacking of Mahama’s X account occurred days after hackers targeted the social media accounts of the South African Parliament, where they similarly promoted a Solana-based token bearing the surname of South Africa’s leader before their posts were eventually taken down. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

Making bank deposits and withdrawals on Bitget app | Bitget Support Center https://www.bitget.com/support/articles/12560603802779

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