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TON Foundation Clarification: Not Raised $400 Million, but U.S. Venture Firm Holds Over $400 Million Worth of TON Tokens

BlockBeats News, March 21, TON posted on social media stating that, "Contrary to some news reports, the TON Foundation did not 'raise' $4 billion. Instead, the Foundation revealed that over $4 billion worth of TON tokens are held by some of the most forward-thinking US-based venture capital firms."

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The relationship between the TON Foundation and Telegram is revealed: Many development plans of the TON ecosystem, such as using TON as a platform advertising token, come directly from Telegram founder Durov
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