{"id":41584,"date":"2025-08-11T18:46:33","date_gmt":"2025-08-11T18:46:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41584"},"modified":"2025-08-11T18:46:33","modified_gmt":"2025-08-11T18:46:33","slug":"telegram-affiliated-toncoin-gets-coinbase-ventures-backing","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41584","title":{"rendered":"Telegram-Affiliated Toncoin Gets Coinbase Ventures&#8217; Backing"},"content":{"rendered":"<div>\n<p><strong>Coinbase Ventures<\/strong>, the investment division of cryptocurrency exchange <strong>Coinbase <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>), has taken a position in <strong>Toncoin<\/strong>, the native asset of <strong><a href=\"https:\/\/www.benzinga.com\/money\/toncoin-ton-price-prediction#:~:text=2024%20Toncoin%20(TON)%20Price%20Prediction&amp;text=Benzinga's%20panel%20of%20experts%20predicts,market%20demand%20and%20technological%20advancements.\">The Open Network<\/a><\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">TON<\/a>) blockchain, the platform underpinning <strong>Telegram<\/strong>&#8216;s web3 infrastructure.<\/p>\n<p><strong>What Happened: <\/strong>The TON Foundation disclosed the move in a Monday <a href=\"https:\/\/x.com\/ton_blockchain\/status\/1954899899792929054?s=46\">post<\/a> on <strong>X<\/strong>, describing the backing as a significant signal of confidence, though without revealing the size of the holding.<\/p>\n<p><strong>Manuel Stotz<\/strong>, president of the TON Foundation, founder and CEO of <strong>Kingsway Capital<\/strong>, and incoming executive chairman of TON-focused digital asset treasury firm<strong> Verb Technology<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/VERB#NASDAQ\">VERB<\/a>), confirmed to The Block that Coinbase Ventures purchased the tokens directly from Telegram. <\/p>\n<p>He declined to share the investment amount.<\/p>\n<p>A Coinbase Ventures &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47040689\/telegram-affiliated-toncoin-gets-coinbase-ventures-backing\" alt=\"Telegram-Affiliated\" toncoin gets coinbase ventures backing>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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) blockchain, the platform underpinning Telegram&#8216;s web3 infrastructure. What Happened: The TON Foundation disclosed the move in a Monday post on X, describing the backing as a significant signal of confidence, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41584","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41584"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41584\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}