According to Coindesk’s news, game and metaverse focused venture capital company Animoca Brands announced that it has invested in the TON ecosystem.
With this investment, Animoca Brands has become the largest validator on the TON blockchain.
“The TON Foundation today announced that Animoca Brands, the company that develops digital property rights for gaming and the open metaverse, has become the largest validator of the Open Network (TON) Blockchain.
Animoca Brands helps grow third-party gaming and GameFi projects in the TON ecosystem as projects work to scale.
“With this collaboration, facilitated by the strategic efforts of Manuel Stotz of Kingsway Capital, Animoca Brands further strengthens its commitment to the TON ecosystem.”
“Yat Siu, co-founder and executive chairman of Animoca Brands.”This strategic investment in TON is an important part of our broader commitment to help win the next million Web3 users by facilitating the seamless transition from Web2 to Web3. Taking part in the validation of the network underlines our belief that the vision behind the TON project, which aims to bring Web3 into the mainstream, will be successfully realized. “We have already seen significant growth potential in games with TON and look forward to working with other innovative teams developing exciting TON-based games.” said.
After the news TON Its price increased slightly by 1%.
*This is not investment advice.
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