Toncoin launched $250M fund to support ecosystem

12.04.2022 17:18
by Artem Ustinov
1 min read

Toncoin launched $250M fund to support ecosystem

Toncoin developers have launched a $250 million fund to fund projects in the token ecosystem. Venture arm Huobi and KuCoin became the sponsors of the fund.

Along with Huobi Incubator and Kucoin Ventures, MEXC Pioneer Fund, 3Commas Capital, and Orbs also provided funds for the fund.

Toncoin Fund will support developers who use the TON network with grants, investments, consultations and other assistance.

Author

  • Crypto analyst and practitioner trader with the law and managerial education. Active investor and crypto enthusiast. Worked as an analyst and copywriter in a brokerage company. Accompanied by DAO and NFT projects of different levels of complexity.

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