According to ChainCatcher, Pantera Capital is raising a new fund to purchase more TON tokens, according to The Block.
The fund, called the "Pantera TON Investment Opportunity," is intended to raise money to buy more TON tokens, according to an email Pantera sent to potential investors earlier this week. "We invite you to participate in the next round of funding for this investment opportunity," the email reads. Interested parties have been asked to indicate their interest in the opportunity through a form by June 21 to secure a grant from the fund. The form shows that the minimum investment amount for each backer is $250,000.
ChainCatcher previously reported that Pantera Capital founder Dan Morehead posted on social media that Pantera recently made the largest investment in the fund's history in Telegram's TON blockchain project.