According to Bloomberg, citing informed sources, the TON Foundation and Kingsway Capital plan to raise $400 million for a crypto finance company using TONCOIN as the treasury. The unnamed finance company will adopt a structure known as "private investment in public equity." Under this structure, an existing publicly listed company sells its shares to a group of investors, Kingsway.

📢 Gate Square #Creator Campaign Phase 2# is officially live!
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📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
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Post original content (at least 100 words) on Gate Square related to

📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
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Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl

🎉 Gate Square’s "Spark Program" Surpasses 1,000 KOLs!
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👉 https://www.gate.com/announcements/article/45695