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