Ton Steward Looks to Draw Projects to its Ecosystem With $126M Rescue Fund

11/30 20:17

According to Coindesk, the administrators of the Ton network have set up a "rescue fund", pledging $126 million in soft commitments to support projects experiencing liquidity problems as a result of the FTX debacle. chain reaction. The fund is backed by DWF Labs, Darley Technologies, Hexa Capital and TONcoin Fund Ecosystem Partners, unlike Binance's $2 billion recovery fund, which will be used to buy distressed assets.
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