With the $30 million investment, Bitget and Foresight Ventures will engage more deeply in the future development plans of TON Blockchain, supporting the emergence and go-to-market of more blockbuster dApps on TON.

Crypto exchange Bitget and Web3 investor Foresight Ventures announced on Wednesday that they have increased their exposure to The Open Network (TON Blockchain) by $30 million through a deal with a number of unnamed whales of the TON ecosystem.

Bitget Exchange and Foresight Ventures have announced a significant $30 million investment aimed at accelerating the development of the Toncoin blockchain and Telegram-based play-2-earn games like Notcoin and Hamster Kombat.

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.

Bitget and Foresight Ventures have announced a $30 million investment in The Open Network. The companies will buy TON tokens as well as support GameFi and tap-to-earn projects. Crypto exchange Bitget and web3 investment firm Foresight Ventures have announced a $30 million strategic investment in TON blockchain.

This investment will be allocated through the acquisition of TON tokens, and is expected to further accelerate the adoption of Tap-to-Earn, GameFi, and new emerging trends within the TON ecosystem

Bitget and Foresight Ventures invest $30M in TON to drive innovation, support developers, and boost ecosystem growth.