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TON Labs raises $6M in support of Free TON blockchain

Published 04/06/2021, 03:00 AM
Updated 04/06/2021, 04:40 AM
TON Labs raises $6M in support of Free TON blockchain

TON Labs, the development arm behind the Free TON blockchain, raised $6 million through an investment round led by venture capital firm Runa Capital.

The funding will go toward building out a new product environment for the Free TON blockchain, which the company describes as the fastest decentralized protocol due to its unique dynamic sharding mechanisms.

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