Telegram-linked blockchain platform, The Open Network (TON), has received another financial boost from Bitget and Foresight Ventures. Bitget officially announced on Sept. 18 a $30 million strategic investment in the TON blockchain in a move to scale the development of TON applications on Telegram.

This investment will be allocated through the acquisition of TON tokens, and is expected to further accelerate the adoption of Tap-to-Earn, GameFi, and new emerging trends within the TON ecosystem

Bitget and Foresight Ventures invest $30 million in TON blockchain to boost tap-to-earn. Find out everything you need to

Crypto exchange Bitget and investment firm Foresight Ventures have announced a $30 million investment in The Open Network (TON) blockchain.

Bitget exchange and Foresight Ventures have announced an investment of $30 million to boost the Toncoin blockchain and Telegram-based tap-2-earn games like Notcoin and Hamster Kombat.

Bitget and Foresight Ventures announced on Wednesday that it acquired $30 million in TON from whales. This deal was not structured as a traditional VC investment, but rather a purchase from the token's largest holders Crypto exchange Bitget and Web3 investor Foresight Ventures announced on Wednesday that they have increased their exposure to The Open Network (TON Blockchain) by $30 million through a deal with a number of unnamed whales of the TON ecosystem.