Yolo Investments backs TON in widespread $8m investment

, the venture capital firm focused on gaming, fintech, blockchain, and emerging technologies, has joined The Open Network with an $8M USD investment both in Toncoin and across the TON ecosystem.Yolo Investments has invested in several TON start-ups, including Tonstarter, Fanton and PlayDeck . The partnership will also see the TON Foundation and Yolo Investments supporting the growth of“We are excited to have Yolo Investments join TON with all-around support for the ecosystem.

With over 1 million sign-ups in a matter of weeks, @whale, one of our portfolio companies, which has become a superbot on telegram, has quickly grown to have over 15,000 daily active players within the TON ecosystem. This is a perfect example which exemplifies Yolo Investment’s shared vision for a vibrant Web3 ecosystem, where gaming and digital ownership converge successfully in Telegram.”

The collaboration between Yolo Investments, and the TON Foundation marks a significant opportunity to begin a new era of innovation and accessibility between The Open Network and Yolo Investment’s portfolio of forward-thinking companies.Yolo Investments is a venture capital firm focused on seed and A-stage investment opportunities across the gaming, crypto and fintech sectors.

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