TON Foundation: Coinbase Ventures now holds Toncoin

According to the TON Foundation, Coinbase Ventures has become a holder of Toncoin, but the specific size of their holdings has not been disclosed. The foundation stated that this move is an important vote of trust for the future development of The Open Network, continuing the support momentum of early investors such as Sequoia Capital, Benchmark, and Ribbit, with the aim of leveraging Telegram's billions of users to promote the practical application and popularization of cryptocurrency.