Name
Ex-TON Foundation President Launches $100M Venture Fund
Description
Steve Yun, a former TON Foundation president, has launched TVM Ventures, a $100 million venture fund dedicated to fostering the growth of the TON blockchain ecosystem. The fund targets early-stage DeFi and PayFi startups, offering strategic guidance, financial backing and liquidity support.
Publish date
4:46pm, Monday, February 3, 2025
Referenced by
TVM Ventures launches $100M fund to boost TON ecosystem growth
Crypto news
News story
Yun revealed in an interview with The Block on Monday, February 3, that a Toncoin miner, who chose to remain anonymous, contributed part of the capital
Crypto news
Quote
Steve Yun, a former president of the TON Foundation, has launched a new $100 million venture fund aimed at accelerating the growth of the TON ecosystem, particularly in decentralized finance (DeFi) and payment finance (PayFi)
Crypto news
Quote