Venture capital firms invested $400 million in Toncoin, and Kraken has completed the largest crypto-traditional finance transaction.

In the latest digital asset news, several well-known venture capital firms, including Sequoia Capital, Ribbit, Benchmark, and Kingsway, have invested over $400 million in Toncoin. Additionally, the cryptocurrency exchange Kraken has agreed to acquire the CFTC-registered U.S. retail futures trading platform NinjaTrader for $1.50 billion, marking the largest transaction between cryptocurrency and traditional finance. Meanwhile, a SPAC managed by executives closely associated with the $Trump Media Group plans to raise $179 million to acquire a U.S. cryptocurrency or blockchain company. MoonPay has secured a $200 million revolving credit line from Galaxy to address extreme liquidity demands. Bybit's CEO Ben Zhou reported that of the $1.50 billion stolen in a hack of the exchange in February, approximately 86% has been converted into 12,836 $BTC and distributed across 9,117 wallets.