DuckChain Secures $5 Million Investment from Oak Grove Ventures to Enhance Web3 Adoption

Oak Grove Ventures Invests in DuckChain to Foster Decentralized App Development

Oak Grove Ventures has publicly disclosed a $5 million investment in DuckChain, a cutting-edge blockchain platform that leverages TON-based EVM solutions. This fundraising round also saw contributions from notable companies, including dao5, Tandem by Offchain Labs, Kenetic Capital, DWF Ventures, Skyland Ventures, and angel investors from prominent projects like Camelot and Quantstamp.

We’re thrilled to announce our investment in DuckChain, a groundbreaking blockchain platform leveraging TON-based EVM solutions to integrate seamlessly with Telegram’s ecosystem.

Unlocking Web3 Potential with DuckChain

By joining DuckChain’s $5 million funding round, Oak Grove Ventures aims to empower the platform’s mission to unlock the Web3 era. With DuckChain’s seamless integration into Telegram’s ecosystem, developers can create decentralized apps that cater to the demands of over 30 million active Telegram users. This strategic integration enables DuckChain to tap into Telegram’s vast user base, harnessing its blockchain potential through TON-based EVM solutions.

Key Benefits of DuckChain’s Integration with Telegram

  • Scalable solutions that bridge Web2 and Web3
  • Enhanced user experience for developers and consumers
  • Increased adoption of blockchain technology
  • Streamlined transition to the Web3 era

Oak Grove Ventures’ Commitment to Blockchain Innovation

Oak Grove Ventures’ decision to invest in DuckChain aligns with the company’s commitment to promoting innovative blockchain technology. With a focus on early-stage investments in modern industries like Web3, AI, and biotechnology, Oak Grove Ventures is well-positioned to support startups and entrepreneurs in their infancy.

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