PANews July 1 news, according to Chainwire reports, the Boba Governance Foundation announced that it has secured a funding commitment of $70 million from the Awaken Foundation and LDA Capital to support the ongoing development and ecological expansion of the Boba Network. In addition, the Boba Governance Foundation has signed an agreement with the FTX Recovery Trust, under which all BOBA tokens held by the trust have been transferred to the foundation. In addition to other considerations and mutual debt forgiveness, the FTX Recovery Trust also obtained the right to purchase up to approximately 29.4 million BOBA tokens from the Boba Governance Foundation at a price of $0.09 per token over the next 18 months.