Open Network Ventures, a new venture capital firm, has officially launched a $40 million fund to support early-stage crypto projects within the TON ecosystem. Founded by former senior members of the TON Foundation, the new venture capital firm aims to connect investors with builders to foster growth and innovation in TON. Early members of the TON Foundation and "former TON builders" founded the new venture firm, combining previous experience backing successful TON Web3 games such as Gatto and Catizen. Inal Kardan, former head of gaming at the TON Foundation, will lead TON Ventures.