The TON Foundation, the organization for initiatives on the TON blockchain, has announced a $400M token-based round of financing. The specific price for a new asset is not disclosed, but the ...

The TON Foundation, the entity overseeing the development of The Open Network blockchain, has successfully raised over $400 million through the sale of its native cryptocurrency, Toncoin.

Update (March 20 at 4:41 PM UTC): This article has been updated to clarify that the token sale was not directed at the TON Foundation. The Open Network Foundation, also known as TON Foundation ...