Pantera Capital Invests Over $100 Million in TON Tokens at Discounted Rate

According to Foresight News, Bloomberg has reported that venture capital firm Pantera Capital invested over $100 million in TON tokens in May at a 40% discount off the market price. The investment comes with a one-year lock-up period, after which the tokens can be sold in batches over several years. Based on the average price of $6.32 per token at the time of the transaction, this investment remains profitable. Previously, more than ten companies, including Pantera Capital, Animoca Brands, and Mirana Ventures, have invested in TON tokens. Currently, some institutions are assessing whether the handling of Telegram founder Pavel Durov by French authorities will lead to a loss of users.