The TON Foundation clarifies: it has not raised $400 million, but rather a US venture capital firm holds over $400 million worth of TON tokens.

BlockBeats news, on March 21, TON stated on social media, "Contrary to some news reports, the TON Foundation did not 'raise' $400 million. Instead, the foundation revealed that over $400 million worth of TON tokens are held by some of the most forward-looking venture capital firms in the United States."

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