Pantera Capital Announces Surprise Investment in This Altcoin

Pantera Capital, a crypto venture capital firm with over $5 billion in assets under management, has invested...

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Pantera Capital, a crypto VC firm with over $5 billion in assets under management, has invested in TON.

Pantera Capital, a crypto venture capital firm with over $5 billion in assets under management, has invested in TON, The Block reports.

Pantera Capital announced its TON investment in a statement today, stating:

TON is a Layer 1 blockchain network designed by messaging platform Telegram and maintained by its open-source community.

Following the news, TON’s price began to rise.