Solana

when

<p>The renowned venture capital fund Pantera Capital has made a sensational statement: TON, initiated by Telegram, has become their largest investment ever. Although the financial details remain confidential, this bold move demonstrates Pantera’s absolute confidence in the potential of Toncoin’s native crypto.</p>
<h2 id="h-pantera-allocates-a-record-breaking-ticket-in-the-ton-ecosystem">Pantera allocates a record-breaking ticket in the TON ecosystem</h2>
<p>In a recent letter to investors, Dan Morehead, managing partner of <a href="https://www.cointribune.com/en/bitcoin-spectacular-rebound-predicted-by-pantera-capital/" target="_blank" rel="noopener noreferrer nofollow">Pantera Capital</a>, surprised many by revealing their record investment in TON, the blockchain project initially developed by Telegram.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1">
 </div>
</div>
<p>While details on the amount invested and the valuation of the acquired tokens remain confidential, this strategic decision indicates Pantera’s absolute confidence in the growth potential of Toncoin.</p>
<p>This <a href="https://panteracapital.com/blockchain-letter/ton-our-largest-investment-ever/" target="_blank" rel="noopener noreferrer nofollow">massive allocation</a> comes shortly after Pantera announced their intention to raise up to $250 million to acquire Solana (SOL) tokens at a preferential price from FTX. Pantera’s strategy, targeting promising crypto projects such as TON and Solana, demonstrates their determination to seize unique market opportunities.</p>
<p>Dan Morehead expressed his deep admiration for Pavel Durov, founder of Telegram, highlighting his commitment to the values of freedom and transparency. Pavel’s resolve in the face of government pressures, especially when he left Russia to maintain the integrity of VK and <a href="https://www.cointribune.com/bitcoin-sur-telegram-wallet-pay-redefinit-les-paiements/" target="_blank" rel="noopener noreferrer nofollow">Telegram</a>, convinced Pantera to partner with him in the TON venture.</p>
<div class="affiliate-button"><a class="affiliate-button__link" href="https://bitpanda.pxf.io/c/2801338/1295465/15871" target="_blank" rel="noopener noreferrer nofollow">Discover the Bitpanda platform</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noopener noreferrer nofollow">This link uses an affiliate program.</a>
</div>
<h2 id="h-an-atypical-investment-opportunity">An atypical investment opportunity</h2>
<p>Unlike many blockchain projects that have to start from scratch to build a community, TON leverages Telegram’s immense user base. With over 930 million active users, Telegram provides TON with an exceptionally fertile ground for catalyzing mass adoption of its crypto.</p>
<p>The seamless integration of a blockchain wallet into the heart of Telegram is a major competitive advantage. By democratizing access to crypto features for hundreds of millions of individuals through an app already embedded in their daily life, TON could popularize the use of digital assets on an unprecedented scale.</p>
<p>By betting big on TON, Pantera Capital sends a strong signal about the future of blockchain. The synergy between TON’s scalable infrastructure and Telegram’s huge community opens up prospects in terms of mainstream crypto adoption. As TON unfolds its capabilities to Telegram users, there is no doubt that other investors will follow in Pantera Capital’s footsteps in betting on the success of this promising ecosystem. Only the future will tell if Pantera’s boldness will pay off.</p>

Pantera Capital makes a historic bet on TON: Is Telegram’s crypto ready to take off?

Table of Contents

Cointribune EN

Другие статьи, опубликованные 10 мая 2024 г.

Is HNT Price Crossing $10 Milestone This May?

Boshi HashKey ETF Currently Holds 964 BTC and 4290 ETH!

Cryptocurrency Market Trends and Legal Challenges

Donald Trump Embraces Cryptocurrency

Bitcoin Transactions Have Now Reached 1 Billion Milestone

Solana: Can It Be The True Ethereum Killer Surpassing ETH?

Join our free newsletter for daily crypto updates!