Coinbase Ventures invests in Tncoin and strengthens Telegram’s web strategy

Coinbase Ventures acquired directly Toncoin to Telegram, reinforcing institutional confidence in the network Blockchain ton and its integration with the web ecosystem of the messaging application.

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• Coinbase Ventures buys Toncoin directly to Telegram, avoiding secondary markets
  
• The investment highlights the potential of Ton To massify adoption Blockchain via Telegram
  
• Ton has support of signatures such as Sequoia, Benchmark and Animoca Brands

The investment wing of the American Exchange Coinbase, Coinbase Ventures, Now he possesses Tancoin, the native cryptocurrency of The Open Network (Ton). This network drives the web ecosystem of Telegram, allowing payments, games, NFT and other decentralized services within the application.

The Ton Foundation He revealed the fact on Monday through an ad in X, describing it as a strong support by one of the most influential investors in the crypto sector. Although the size of the investment was not revealed, the organization highlighted the symbolic weight of the operation.

Ton He has captured the attention of investors who are committed to joining social networks and mass adoption of Blockchain. Its direct integration with Telegram —What has more than 1,000 million monthly active users – it gives it a unique advantage as a pre -existing distribution channel for web3 services, reducing the barriers faced by other projects.

A strategic bet

The entrance of Coinbase Ventures could motivate more traditional investment firms to approach Ton, especially in western markets where Telegram It still does not have a deep integration with cryptocurrencies, as it happens in Asia and Eastern Europe.

Manuel Stotz, president of the Ton Foundation and CEO of KINGSWAY CAPITALhe indicated that Coinbase Ventures bought tokens directly to Telegram, without intermediaries or secondary markets. This, he said, reflects the strategic nature of the operation, but did not reveal information about the moment in which the operation or the total amount took place.

A spokesman for Coinbase Ventures confirmed the investment, describing it as a long -term commitment in Ton. He explained that tokens acquisition is a common way in which risk capital signatures support projects Blockchain In early or expansion phases, since they represent both an investment asset and a participation in network growth, he said Cryptopolitan.

Institutional impulse and potential risks

The announcement also highlighted the support of other relevant investors such as Capital Sequoia, Benchmark and Ribbit Capital. Previous reports mention Panther Capital, Ryze Labs and Animou Brands among those who have injected hundreds of millions of dollars into Ton.

One of the main attractions for institutional investors is exclusive integration with Telegram, which offers a mass user base and direct distribution. However, some like Yat Siu, co -founder of Encourage BrandsThey have warned that this agency also implies risks if the priorities of the messaging app change.

In recent weeks, Ton He has been at the center of large ads. Last week, the company Verb Technologywhich quotes in Nasdaq, reported that it will be associated with KINGSWAY CAPITAL in a private placement of USD $ 558 million, becoming the first public firm to have Toncoin as its main reserve asset. The company plans to change its name to Ton Strategy Co.

The operation of Coinbase Ventures reinforces the perception that Ton It is well positioned to connect social networks with blockchain tools in a friendly user environment, consolidating its leadership in the social adoption of web3.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

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