PANews reported on March 21 that according to the official announcement of TON, recent reports by some media that "TON Foundation raised $400 million" were untrue. TON Foundation clarified that it was actually several leading US venture capital companies that held more than $400 million in Toncoin, rather than the Foundation itself that raised the funds.
TON Foundation clarifies: $400 million has not been raised, but VCs hold more than $400 million in Toncoin
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