TON Foundation: Coinbase Ventures now holds Toncoin

ChainCatcher news, according to the TON Foundation, Coinbase Ventures has become a holder of Toncoin, but the specific holdings have not been disclosed. The foundation stated that this move is an important vote of confidence in the future development of The Open Network, continuing the support momentum from early investors such as Sequoia Capital, Benchmark, and Ribbit, aiming to leverage Telegram's billions of users to promote the practical application and popularization of cryptocurrency.