💰 TON Foundation and Kingsway raise $400M to create Toncoin treasury
New stage of large-scale strengthening $TON
TON Foundation has teamed up with Kingsway Capital to create a global reserve of Toncoin — with a potential volume of up to $400 million. This is not just an investment round but a strategic bet on $TON as a digital asset of the future.
🔹 Format: PIPE deal (private investment in a public company)
🔹 Goal: to form a sustainable long-term reserve — that is, liquidity + stability
🔹 Audit: Cohen & Co. has been engaged, one of the top companies in financial control
🔹 It is expected that the fund will hold up to 5% of the entire TON capitalization, which is ~$400 million at the current market
📊 Why this is important:
• Strengthens institutional trust
• $TON becomes more protected from sharp fluctuations
• Confirms the course for growth and a serious future for the ecosystem
🧠 Opinion: while the crowd is afraid, large funds are stepping in with millions. Draw your conclusions.
