- Coinbase Ventures is officially a Toncoin holder, who represents an important approval of Ton’s mission.
- The open network is intended to bring crypto to billions of users via Telegram.
- Toncoin price flashed bullish sentiments after the revelations.
Most altcoins showed weakness on Monday while the rising dominance of Bitcoin has the story of the altical season.
While BTC sets the market tone, the Ton Foundation announced an important victory for its global vision of making cryptocurrencies that are accessible to the masses.
The foundation brought it to X to announce that Coinbase Ventures is one of the holders of its native token, Toncoin.
Although it has not announced the size of their allocation, the move reflects the confidence in Ton’s digital assets -adoption ambitions.
The Ton team responds to the development and regards the gestures as:
Another strong sign of belief in our mission: to bring crypto to the masses through the billions of Telegram users through real usefulness, real adoption and real property.
Ton Foundation is pleased to share that @cbventures Now holds Toncoin.
As one of the most recognized investors in the Web3 room, Coinbase Ventures, who becomes a member of the growing list of Toncoin holders, is an important voice of confidence in the future of the open network.
Although we are not … pic.twitter.com/WJBZBSPTQ
– Ton 💎 (@ton_blockchain) August 11, 2025
The announcement has fueled debates within the Toncoin community, stimulating feelings among holders.
For the open network, the investment is a partnership that could unlock regular recognition and global acceptance.
The native currency reflected the prevailing optimism with small price jumps despite a bearish bias in the broad market.
Bring cryptocurrencies to the masses
Ton has simple and ambitious objectives that market leaders such as verb technology have drawn.
It seems to make a crypto part of our daily activities.
The team wants to use the nearly 1 billion users of Telegram to create a location where the transfer of digital assets is just as easy as sending messages.
The open network removes discouraging technical barriers and complex onboarding processes, aimed at the utilities of the real world integrated into an application that people use every day.
In the meantime, support for Coinbase is important for the project.
Coinbase Ventures is one of the dominant names in the cryptocurrency sector, known for support projects that grow into market leaders.
The involvement of Coinbase Ventures increases exposure to the brand, attracting exchange integration and increasing assets’ appeal to retail and institutional investors.
That is why Ton could benefit from an increased market range, strategic connection with Western investors and attention in the international cryptocurrency interview.
Toncoin’s team said:
As one of the most recognized investors in the Web3 room, Coinbase Ventures, who becomes a member of the growing list of Toncoin holders, is an important voice of confidence in the future of the open network.
Coinbase Ventures in particular joined other early supporters – benchmark, ribbit capital and sequoia capital.
These companies have won a fame for spotting lucrative projects long before they achieve mainstream recognition.
Toncoin price views
The Alt acts at $ 3.37 after winning 1.7% in the last 24 hours.
Toncoin shows resilience as bearish tendencies dominate the crypto sector.
Although the constant broad market falls can erase Toncoin’s latest profit, the support of Coinbase Ventures on trust in the long -term potential of the token indicates.
The most important thing is that such developments reveal which projects they should follow in the midst of Bull Runs.
The current price of Toncoin places it under the crucial 0.618 FIB resistance.
The area has catalyzed historically significant trend covers.
Expanded this obstacle can activate a win at $ 5.0- $ 5.5 and for all-time highlights above $ 8.
However, not holding above the support barrier for $ 3.0 can baptize the price to the $ 2.20 foot.
