TLDR
- Coinbase Ventures joins TON’s Toncoin push, fueling Telegram-driven crypto adoption.
- Toncoin gains momentum as Coinbase Ventures invests in TON’s Telegram blockchain vision.
- Coinbase Ventures boosts Toncoin, eyeing Telegram’s billion-user crypto opportunity.
- TON scores Coinbase Ventures support, accelerating Telegram-based blockchain growth.
- Coinbase Ventures invests in Toncoin, strengthening TON’s mass adoption strategy.
The TON Foundation confirmed that Coinbase Ventures has added Toncoin to its holdings, signaling growing confidence in The Open Network. The move adds another prominent name to the expanding list of Toncoin holders alongside several leading venture firms. This development strengthens TON’s ambition to integrate cryptocurrency into Telegram’s vast user base.
Coinbase Ventures Strengthens TON’s Market Position
Coinbase Ventures entered the TON ecosystem by acquiring Toncoin directly rather than participating in a traditional equity round. This approach aligns with previous strategic purchases by firms such as Sequoia, Benchmark, and Ribbit. These firms also chose to hold Toncoin instead of company shares.
TON Foundation is excited to share that @cbventures is now holding Toncoin.
As one of the most recognized investors in the Web3 space, Coinbase Ventures, joining the growing list of Toncoin holders is a major vote of confidence in the future of The Open Network.
While we can’t… pic.twitter.com/wJbzBOSPtQ
— TON 💎 (@ton_blockchain) August 11, 2025
The TON Foundation described this development as a significant step toward increasing adoption and market presence. Coinbase Ventures’ entry follows months of momentum within the TON network’s growth strategy. The move demonstrates ongoing confidence in Toncoin’s utility and its role in TON’s product ecosystem.
Earlier this year, major venture firms acquired $400 million worth of Toncoin in a similar direct purchase arrangement. That transaction marked a turning point in TON’s capital strategy and positioned it for large-scale initiatives. The Coinbase Ventures addition further validates this approach and expands its global recognition.
TON’s Expanding Ecosystem and Strategic Goals
TON leverages its integration with Telegram to drive mass cryptocurrency adoption. Telegram currently serves over 1 billion active users worldwide every month. TON aims to convert a significant portion of this base into active blockchain participants.
The foundation continues to focus on delivering practical blockchain applications through Telegram’s mini-apps. These tools enable developers to launch games, finance products, and social experiences with blockchain features. Viral applications like Notcoin have showcased the network’s capacity to attract hundreds of thousands of users .
In July, Bloomberg reported that the TON Foundation plans to create a dedicated crypto treasury company. This entity is expected to hold at least $400 million in Toncoin. The treasury would act as a long-term stability mechanism for the ecosystem.
Market Growth Driven by Utility and Adoption
On-chain activity for Toncoin has risen steadily, with total value locked in DeFi reaching record highs earlier this year. Mini-apps and gaming integrations remain core adoption drivers, fueling transaction growth across the network. Demand continues to expand as more applications launch.
Toncoin’s price has also experienced upward momentum, supported by increasing utility within the network. Analysts point to Telegram’s scale as a unique growth advantage. The integration of blockchain tools into the messaging platform enhances TON’s ability to attract mainstream audiences.
TON has gained a partner with substantial global reach and industry influence. This partnership adds momentum to TON’s mission of delivering crypto to billions through accessible and valuable applications. The combined resources and strategic alignment position Toncoin for broader adoption and sustained growth.
