Oak Grove Ventures has announced a $5 million investment in DuckChain, a blockchain platform that aims to enable decentralized apps within the Telegram ecosystem. DuckChain plans to utilize a TON-based EVM solution to create scalable solutions that bridge Web2 and Web3, targeting Telegram's user base of over 30 million active users. The investment aligns with Oak Grove Ventures' commitment to promoting innovative blockchain technology and supporting startups in their infancy. The company believes that DuckChain's seamless integration with Telegram will be crucial for the broader adoption of decentralized apps.
- Content Editor ( crypto.news )
- 2024-12-30
Oak Grove Ventures invests $5M in DuckChain to advance blockchain innovation