Kingsway Capital's largest holding is the TON token, and multiple institutions are optimistic about the TON token

ChainCatcher news, according to TheBlock, following Pantera Capital's disclosure of its investment in TON tokens, Kingsway Capital founder and CEO Manuel Stotz also revealed that the institution's largest holding to date is also TON, and that the venture capital firm began purchasing TON tokens two years ago (earlier than Pantera Capital).

Ryze Labs (formerly Sino Global Capital) has also heavily invested in TON tokens, with its founder and managing partner Matthew Graham stating that Ryze Labs has always been a "big buyer" of TON. Additionally, Yat Siu from Animoca Brands mentioned that he purchased the token when the price of TON was below $1, and then made additional purchases at $1, $1.5, and $2.