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Pantera Capital completes $20 million fundraising to support the TON blockchain ecosystem

Pantera Capital raised $20 million from at least 29 investors through two separate funds to support the TON blockchain ecosystem and the cryptocurrency Toncoin. It is reported that Pantera Capital began reaching out to investors in June. The minimum amount to participate is $250,000, and the venture capital firm's two new funds for Toncoin were established after it announced a bet on the Telegram-linked cryptocurrency in May. (DL News)