Telegram-Affiliated Toncoin Gets Coinbase Ventures' Backing

Coinbase Ventures, the investment division of cryptocurrency exchange Coinbase (NASDAQ:COIN), has taken a position in Toncoin, the native asset of The Open Network (CRYPTO: TON TON - $3.140 blockchain, the platform underpinning Telegram's web3 infrastructure. What Happened: The TON TON - $3.140 Foundation disclosed the move in a Monday post on X, describing the backing as a significant signal of confidence, though without revealing the size of the holding.

Source: benzinga.com

Related symbols: TONUSD

2025-08-11 18:44:02 GMT.

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Price & Market Data

Price: $3.140

Volume 24h: $103,663,288.09

Market Cap: $8,063,642,010.40

Description

Toncoin (TON) is a cryptocurrency . Toncoin has a current supply of 5,139,288,632.72116903 with 2,567,753,305.02586806 in circulation. The last known price of Toncoin is 3.13919515 USD and is up 1.85 over the last 24 hours. It is currently trading on 781 active market(s) with $131,023,721.65 traded over the last 24 hours. More information can be found at https://ton.org/.