Pantera Capital, a major player in the cryptocurrency investment market, has announced its decision to invest in a specific altcoin.
The firm is currently raising funds to invest in The Open Network (TON), demonstrating its continued confidence in the potential of this token. This new fund, known as the “Pantera TON Investment Opportunity,” is actively seeking investors to participate in the upcoming investment round. Interested parties must submit a minimum investment of $250,000 by June 21 to secure a spot in the fund.
This latest venture follows Pantera’s significant initial investment in TON, which was made at a discounted rate in March. The firm’s decision to reinvest in TON signals its optimistic outlook on the future of this token and the potential for growth within the TON network.
Ryan Barney, a partner at Pantera, expressed excitement about the TON network’s early stages and the anticipated adoption of its ecosystem and new features by the Telegram user base. It’s important to note that this is not investment advice.
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