The organization has already raised $40 million and plans to invest in early stage consumer applications in the TON ecosystem with “mass appeal,” the press release said. The investors in the fund are “mainly [composed] of individual, private investors, who want to support the long-term growth of the TON ecosystem,” the founders told CoinDesk in an email.
Source: https://www.coindesk.com/business/2024/08/14/ton-crypto-ecosystem-gets-its-own-venture-fund-to-invest-40m-in-consumer-apps/?utm_medium=referral&utm_source=rss&utm_campaign=headlines