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The director of the TON Foundation launches a $100 million fund, TVM Ventures

The director of the TON Foundation launches a $100 million fund, TVM Ventures

Bitget2025/02/03 13:54

According to The Block, former TON Foundation president and current director Steve Yun announced the establishment of venture capital fund TVM Ventures in November 2024, with an initial scale of $100 million.

The fund's capital comes from Yun himself and a TON miner, focusing on investing in DeFi and payment financial projects within the TON ecosystem. It has already invested in four projects including Factorial and Torch Finance.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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