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TON Foundation and Kingsway Capital Partner to Raise $400M for Treasury Launch
TON Foundation and Kingsway Capital Partner to Raise $400M for Treasury Launch
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BTCCSquare news:
The TON Foundation has teamed up with Kingsway Capital in a strategic partnership aimed at securing $400 million in funding. The capital will support the launch of the TON Foundation Treasury, marking a significant step in the platform's development.
Toncoin, the native cryptocurrency of The Open Network (TON), stands to benefit from this initiative as it seeks to expand its ecosystem. The fundraising effort underscores growing institutional interest in blockchain-based financial solutions.
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