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Strategic Investment

Bitget and Foresight Ventures invest $30M in TON blockchain

With the new investment, Bitget and Foresight expect to increase their involvement in the TON’s governance and future development plans.

Telegram-linked blockchain platform, The Open Network (TON), has received another financial boost from Bitget and Foresight Ventures.

Bitget officially announced on Sept. 18 a $30 million strategic investment in the TON blockchain in a move to scale the development of TON applications on Telegram.

The company emphasized that the investment specifically targets major play-to-earn (P2E) games on Telegram, such as Hamster Kombat and Notcoin.

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