TON Foundation Director Founds Venture Capital Fund TVM Ventures, Initial Capital 100 million USD
Bitget2025/02/04 01:20
On February 3rd, according to relevant reports, Steve Yun, former president and current director of TON Foundation, announced that he had founded venture capital fund TVM Ventures in November 2024, with an initial scale of $100 million.
The fund funds come from Yun himself and a TON miner, focusing on investing in DeFi and payment finance projects within the TON ecosystem. Currently, it has invested in four projects including Factorial and Torch Finance. Yun expects that with the launch of tgBTC bridging and DeFi incentive plan in Q2 2025, the TON ecosystem will experience significant growth.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Berachain launches "Liquidity Proof" system, initiating governance phase
Bitget•2025/03/24 08:03
PAWS Launches Special Bonus for Diamond Holders
X•2025/03/24 06:44
BTC breaks through 87,000 US dollars
Bitget•2025/03/24 05:52
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$87,058.51
+3.30%
Ethereum
ETH
$2,073.58
+3.32%
Tether USDt
USDT
$1
+0.00%
XRP
XRP
$2.45
+2.32%
BNB
BNB
$622.88
-0.02%
Solana
SOL
$138.9
+5.85%
USDC
USDC
$1
-0.02%
Dogecoin
DOGE
$0.1755
+3.32%
Cardano
ADA
$0.7245
+1.64%
TRON
TRX
$0.2282
-4.44%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now