According to the TON Foundation executive, Coinbase Ventures purchased TON coins directly on Telegram.
Following this development, a slight volatility was observed in the TON price:
The claim has not yet been confirmed and this news will be updated as more information becomes available.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/breaking-coinbase-allegedly-invests-in-this-altcoin-here-are-the-details/