Bitget and Foresight Ventures make $30 million strategic investment in TON

According to BlockBeats, on September 18, Bitget and Foresight Ventures jointly announced a strategic investment of $30 million in TON to further promote the development of the TON ecosystem. This strategic investment will be achieved by purchasing TON tokens. Bitget and Foresight Ventures will be deeply involved in the governance and future development planning of the TON ecosystem, and promote more potential dApps to quickly enter the market.

Regarding this strategic investment, Bitget CEO Gracy Chen said: “The two parties will jointly promote the development of more innovative products and solutions to accelerate the full implementation of the TON ecosystem.” Forest Bai, co-founder and CEO of Foresight Ventures, added: “The rapid development of the TON ecosystem is undoubtedly the biggest growth driver of the cryptocurrency market now and in the next 3 to 5 years. In the past six months, TON’s total locked volume (TVL) has increased 18 times to US$350 million. Currently, the TON ecosystem has more than 1,000 dApps, including star applications with millions of users. We hope to further help developers in the TON ecosystem achieve breakthrough growth through investment, incubation and market support.” (The Block)

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