TON Ventures has raised $40 million to support crypto projects.
TON Ventures has raised $40 million to support crypto projects.
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TON Ventures raises $40M fund to support early-stage crypto projects

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

TON Ventures has raised $40 million for a for-profit venture capital group to support early-stage crypto projects.

A spin off by former senior team members of TON Foundation, TON Ventures will link investors and builders to the opportunities available in the TON blockchain ecosystem, which supports blockchain apps on Telegram, the crypto-friendly messaging service with more than 900 million users.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.