Ton Foundation seeking $400M to setup public treasury company to accumulate Toncoin
The TON Foundation and Kingsway Capital Partners are seeking to raise at least $400 million for a crypto treasury company that would hold Toncoin, according to a Bloomberg News report citing people...
Source: CryptoSlate
The TON Foundation and Kingsway Capital Partners are seeking to raise at least $400 million for a crypto treasury company that would hold Toncoin, according to a Bloomberg News report citing people familiar with the matter. The planned vehicle would use a private investment in public equity (PIPE) structure, in which a publicly traded company […]