$TON Will Still Reach $20🥲.
On February 3, TVM Ventures in Dubai announced a $100M💰 investment in #TON blockchain infrastructure.
The fund will focus on three key areas👇:
◉ DeFi. Special attention will be given to the development of #DeFi infrastructure on TON. Notably, funds will also be allocated for farming rewards on STON.fi pools to increase liquidity in specific pairs.
◉ PayFi. TVM Ventures will support the founders of #PayFi services that enable cryptocurrency payments for goods and services. (For example, Trustee Plus is a PayFi service.)
◉ Security. TVM Ventures will collaborate with the auditing firm Trail of Bits, which has extensive experience auditing the TON blockchain. They have already conducted an audit of the STON.fi DEX.
At this stage🧐, TVM Ventures has already funded four TON-based startups within this $100M fund: Factorial, Torch Finance, Fiva, and Memes Labs.
