In a bold move that underscores the growing momentum of the @Ton Network Ian Wittkopp and Inal Kardan, former key members of the #TON Foundation, have launched TON Ventures—a new venture capital firm with an inaugural fund of $40 million. This fund is set to ignite the next wave of innovation within the TON ecosystem, focusing on early-stage projects that have the potential to shape the future of decentralized finance, gaming, and more.

Wittkopp, who previously led TON Accelerator, and Kardan, the former gaming lead, are no strangers to the TON community. Their new venture aims to capitalize on TON’s unique integration with Telegram, which boasts nearly 900 million active users. This massive user base positions TON as a powerhouse in the blockchain space, with the potential to foster billion-dollar companies in the coming years.

TON Ventures is already making waves, having backed over a dozen startups, including Catizen, Tradoor, and Evaa Protocol. The firm’s strategy is clear: invest in the most promising projects within the TON ecosystem, with an average check size of $500,000 for early-stage ventures. However, they’re also ready to support larger, strategic deals that could bring even more transformative protocols to TON.

As excitement builds, Wittkopp anticipates the $40 million fund will be fully deployed within a year, reflecting the intense interest from top-tier developers. With this new wave of investment, TON is poised to consolidate its position as a major player in the blockchain world, bringing innovative games, apps, and services to its rapidly expanding ecosystem. The future of TON has never looked brighter.