Bitget and Foresight Ventures provide $ 30 million investment in tone
Bitget and Foresight Ventures provide $ 30 million investment in tone

- Bitget and Foresight Ventures have announced an investment of $ 30 million in the Open Network.
- The companies will buy sound tokens and support gamefi and tap-to-ear projects.
The crypto bit Bitget and the Web3 investment company Foresight Ventures have announced a strategic investment of $ 30 million in the sound blockchain.
growth of the sound ecosystem
Bitget and Foresight Ventures will also invest in new trends in the entire sound network, which are part of Telegram's growing presence in the Web3 ecosystem. Telegram has more than 900 million users, a factor that has played a major role in developing sound into a leading blockchain network.
gracy chen, CEO of Bitget, commented on the investment with the remark that with the continued support of the crypto exchange for sound.
"By integrating our expertise in the crypto infrastructure with the decentralized architecture of sound, we are well positioned to strengthen the development of innovative products and solutions. Together we bring the crypto industry closer to mass acceptance than ever," added the CEO from Bitget.
Catizen, dogs and other tone dapps
In addition to an increase in on-chain transactions, tone recorded, among other things, a significant increase in the overall value and the decentralized exchange volume. Growth is due to the great interest and acceptance of projects such as Hamster Kombat, Catizen and Dogs.
Bitget entered into a partnership with dogs for his airdrop in August and introduced the expanded integration of Ton Dapps in early June.
Forest Bai, co-founder and CEO of Foresight Ventures, said that the increase in Ton TVL in the past six months suggests that the blockchain ecosystem could be facing explosive growth in the next three to five years.
According to BAI, the partnership will offer developers further support and enable new growth through incubation, investments and marketing support.
With the investment of $ 30 million, Bitget and Foresight Ventures will also increase their participation in the sound management and the future plans. While sound continues to grow, the last month for the blockchain network has not always been smooth.
The start of DOGS disrupted the network and overload led to larger failures. The arrest of Telegram CEO Pavel Durov in France also dropped the Toncoin Prize.
Source: Coinlist.me
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