Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (POL)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

Gate.io Announces $10 Million Investment in TON Blockchain to Boost Telegram-Based Projects

Press Releases: Gate.io Announces $10 Million Investment in TON Blockchain to Boost Telegram-Based Projects

Gate.io has announced a $10 million strategic investment in The Open Network (TON) blockchain.

This investment aims to enhance collaborations with the TON Foundation and accelerate the growth of Telegram-based projects.

With this investment, Gate.io plans to deepen its involvement in the governance of the TON blockchain and contribute to its ongoing development. The company will also focus on launching new products, such as an official CeFi-driven Telegram mini-app and a Gate Wallet within Telegram, to further support and expand the TON ecosystem.

Gate Group is also actively participating in the TON Society’s Hackers League hackathon, one of the largest hacker events of the year. Offering a total prize pool worth up to $2 million and featuring key bounty tracks from leading #TON projects, this event promises to be a groundbreaking experience for participants. An offline bootcamp will be held across 19 cities worldwide, fostering global participation and innovation.

TON-based projects present a compelling use case for mass adoption through the Telegram ecosystem, which has seen considerable growth as it expands its services to Web3 startups.

Dr. Lin Han, Founder and CEO of Gate.io, noted, “The TON ecosystem holds strong potential due to its large Telegram user base and fast, low-cost blockchain technology. This makes it an ideal platform for attracting Web3 applications and developers, with promising prospects for large-scale user growth and network effects.”

While #Telegram and TON operate as separate entities, the messaging platform and blockchain protocol remain closely aligned, creating a unified environment for innovation.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Bitcoin: Pakistan launches strategic bitcoin reserve and dedicates 2,000 MW to mining
On May 28, 2025, at the Bitcoin 2025 conference in Las Vegas, Pakistan announced the creation of a strategic bitcoin reserve, a major step in the development of a national cryptocurrency..
Mining: Mining pools face increasing mining difficulty
Bitcoin's mining difficulty rose 3.7% in 24 hours, making mining more difficult and highlighting the need for energy efficient solutions in the industry.
Bitcoin: Bitcoin-ETFs in the US show significant inflows of funds
U.S. bitcoin-ETFs raised 25,500 BTC in a week, indicating high investor interest.
Press Releases: Biconomy.com on the Global Stage: Building the Future of Blockchain Through Real-World Presence
In a digital world driven by blockchain innovation, Biconomy.com is showing that real-world presence matters more than ever. From Paris to Dubai, Tokyo to Toronto, Biconomy’s global roadshow..
⁝⁝⁝

Trending news

  • Artificial Intelligence (AI)
  • Altcoins
  • Bitcoin
  • DeFi
  • Ethereum
  • show more