Tech Company Financing Transactions
TON Foundation Funding Round
TON Foundation, based in Zug, raised $400 million from Benchmark Capital, Draper Associates and Ribbit Capital.
Transaction Overview
Company Name
Announced On
3/21/2025
Transaction Type
Venture Equity
Amount
$400,000,000
Round
Undisclosed
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Gubelstrasse 11
Zug, 6300
Switzerland
Zug, 6300
Switzerland
Phone
Undisclosed
Website
Email Address
Overview
We believe in the power of a decentralized future and self-sovereignty at scale. The Open Network (TON) is putting crypto in every pocket. By building a Web3 ecosystem within Telegram Messenger, TON is giving billions the opportunity to own their digital identity, data, and assets.
Management Team
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