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Ton Foundation & Kingsway Partner for $400M Treasury Launch – Web3’s Next Mega-Fund?
Ton Foundation & Kingsway Partner for $400M Treasury Launch – Web3’s Next Mega-Fund?
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Web3 just got a $400M war chest. The Ton Foundation and Kingsway Capital are teaming up to launch a treasury fund that could reshape blockchain infrastructure investing—assuming they don’t blow it on metaverse golf courses.
Why this matters:
- Mega-fund targets institutional-grade DeFi projects
- Kingsway brings traditional finance muscle to Ton’s ecosystem
- Comes as crypto VCs scramble to deploy dry powder
The play? Bridge Web3’s most promising protocols with old-school capital. Just don’t ask about management fees.
TON Foundation Treasury Launch Targets $400M BackingTONFoundation and Kingsway Capital announced a partnership to seek funds of $400 million. Toncoin, the native cryptocurrency of the platfor... Read More
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