👛 Cypher Capital, a venture investor, puts up $10 million in TON

Cryptocurrency investment company Cypher Capital from the UAE decided to invest $10 million in The Open Network (TON) and its blockchain infrastructure.

Bill Qian, Chairman of Cypher Capital and TON Foundation board member, said that this will contribute to TON's growth and expansion into the Middle East, Africa, Asia, Turkey and India.

He also stressed the importance of a rational approach to blockchains. He reminded about the risks involved and the caution necessary when dealing with the hype around the release of new tokens.

As per Tontech.io, the number of accounts on the TON network has steadily grown. In December, it has reached 1.6 million, an outstanding metric for the blockchain ecosystem.

Such great news on New Year's Eve!

Yours truly, @DeepTonEng