TechFlow News, December 3 — According to DLNews, Pantera Capital, a cryptocurrency investment firm, has filed documents with the U.S. Securities and Exchange Commission (SEC) revealing that it raised $20 million for the TON blockchain project through two dedicated funds. Both funds began their initial fundraising in July this year, attracting at least 29 investors, each with a minimum investment threshold of $250,000.
This marks another significant move by Pantera Capital following its largest investment in TON to date—the biggest in the firm's 21-year history—announced in May 2024. Alex Felix, Managing Partner at CoinFund, said TON's fundamentals remain attractive. Jack Booth, co-founder of TON Society, also noted at the TON Ecosystem Conference in Dubai that the ecosystem has moved past the impact of the Durov incident.
