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Ton Post

11 May 2024, 04:15

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💎TON is the largest investment in Pantera Capital's history

Pantera Capital, a leading investment fund, made its largest investment ever, for which it chose TON as the recipient.

While the exact amount is not disclosed, we know that the fund has previously invested in major projects such as Bakkt, Bitso, and Alchemy, with a total investment volume from $250 to $300 million. This suggests that a comparable amount may also have been invested in TON.

In an exclusive interview, Dan Morehead, founder of Pantera Capital, shared the key factors that attracted him to TON. An existing Telegram community with 930 million active users proved to be of paramount importance, paving the way for rapid and wide-scale adoption of the new technology. Unlike most blockchain platforms that strive to build their community from scratch, TON has a ready and active audience.

Other important investment factors included:
- The independence and neutrality of Telegram as a platform, resulting in a high level of trust among users
- The scalability of the TON network, capable of handling a significant volume of transactions
- Integration of @wallet into Telegram, simplifying token management without the need to remember complex seed phrases
- Business development and monetization opportunities through mini-applications and virtual goods trading within the platform

The potential for TON's growth and development is worldwide, extending far beyond the scope of traditional blockchain projects. It has already attracted the attention not only of Asian investors but also serious American market players like Pantera Capital.

This investment could take the blockchain to a new level where it would be integrated into the everyday use of hundreds of millions of users.

Your panther @TonPost

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