The TON Foundation clarifies: it did not "raise" 400 million USD; this refers to Toncoin held by certain venture capital firms.

Odaily News TON Foundation today released a statement clarifying previous media reports about "TON Foundation raising $400 million." The foundation stated that it has not conducted any related financing activities, but has disclosed that over $400 million worth of Toncoin is currently held by several leading venture capital firms in the United States.