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Yolo Investments Backs TON in Widespread $8m Investment

yolo investments 8 million

Press Release: Yolo Investments has announced an $8 million pledge into TON start-ups, and support for crypto education portal.

Yolo Investments, the venture capital firm focused on gaming, fintech, blockchain, and emerging technologies, has joined The Open Network (TON) with an $8M USD investment both in Toncoin and across the TON ecosystem.

TON Backing and Partnership 

Yolo Investments has invested in several TON start-ups, including Tonstarter, Fanton and PlayDeck (formerly known as Ton Play). The partnership will also see the TON Foundation and Yolo Investments supporting the growth of, an established leading crypto education portal, which will also include new content focused on TON.

Justin Hyun, Director of Growth at TON Foundation stated:  

“We are excited to have Yolo Investments join TON with all-around support for the ecosystem. Yolo Investments have demonstrated commitment to the ecosystem by investing in various projects. We believe that their thesis of crypto mass adoption via Telegram, specifically gaming, aligns with our go-to-market strategy. We look forward to working with Yolo Investments to bring crypto to the masses via platforms such as and @wallet – the native crypto wallet inside telegram.”

900 Million Monthly Users

Yolo Investments was drawn to TON because of its user-centric focus and mission to provide 500 million people with access to digital assets by 2028. While other blockchains have tended to build before finding a user base, TON has added significant value to Telegram’s already large cohort of users, which recently topped 900 million monthly active users. The success of @wallet supports Yolo Investment’s thesis that bringing crypto products to users instead of the reverse, is the best way to mainstream the technology.

Tim Heath, GP at Yolo Investments, commented on the investment, stating:

“We’ve long supported TON’s mission to build a truly decentralized, open-source future, and we’re now putting our money where our mouth is. But beyond our significant investment, we’re also committed to a deep collaboration, drawing upon our years of experience in this space, to help TON further develop the web3 SuperApp that’s already changing how people spend, save, and play.

With over 1 million sign-ups in a matter of weeks, @whale, one of our portfolio companies, which has become a superbot on telegram, has quickly grown to have over 15,000 daily active players within the TON ecosystem. This is a perfect example which exemplifies Yolo Investment’s shared vision for a vibrant Web3 ecosystem, where gaming and digital ownership converge successfully in Telegram.”

The collaboration between Yolo Investments, (with assets under management exceeding €620 million) and the TON Foundation marks a significant opportunity to begin a new era of innovation and accessibility between The Open Network and Yolo Investment’s portfolio of forward-thinking companies.

About Yolo Investments

Yolo Investments is a venture capital firm focused on seed and A-stage investment opportunities across the gaming, crypto and fintech sectors. Having successfully matured its first Fund I, vintage 2018, Yolo Investments, which is regulated by the Guernsey FSC, has recently launched its second €100m Fund II, with its continued thesis to invest in emerging, disruptive technologies, led by outstanding people with bright ideas focused on innovation and disrupting the industry norms.

For more information, please visit:

About The Open Network

The Open Network (TON) is a global, decentralized blockchain community focused on putting crypto in every pocket. By building the Web3 ecosystem in Telegram Messenger, TON’s vision is to empower 500 million users to own their digital identity, data, and assets by 2028. Learn more at

Media Contact Details

Contact Name: Claudia Lama

Contact Email[email protected]       

Yolo Investments is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Another $2.5m Max Win on Bitcasino as it Celebrates 10-year Milestone

Another $2.5m Max Win on Bitcasino as it Celebrates 10-year Milestone

Press Release – A player has won a huge $2.5 million on a popular slot game that is only available on Bitcasino, as the crypto casino celebrates its 10th birthday.

February 6, 2024, London, UK — The huge, max win prize dropped on Gates of Bitcasino, an exclusive game from Pragmatic Play created for Bitcasino players. Gates of Bitcasino is based on the classic slot title Gates of Olympus™.

Lightning Strikes Twice

This latest win comes hot on the heels of a $42 million record jackpot that was won on Bitcasino’s sister site, That jackpot was the largest to ever be won on an online slot, and the lucky player was able to withdraw their winnings quickly and securely in less than 90 seconds.

Jacqueline Neo, Head of Bitcasino stated: 

“What a way to celebrate ten years of Bitcasino! We couldn’t be happier to see this max win landing on an exclusive game that can’t be played anywhere else. A huge congratulations to the lucky player, and all those who won big prizes over the past year. We’re looking forward to more winners, and the next decade of game-changing action here at Bitcasino.”

Both Bitcasino and are quickly building a reputation as the places to win the biggest online casino jackpots. In 2023, an incredible 14 big wins in excess of $1 million were won by Bitcasino players.

Watch a replay of the winning spin here 

10 Years and No Sign of Slowing 

The timing of the $2.5 million max win couldn’t have been better, as Bitcasino marks ten years since it changed the game by launching as the world’s first licensed crypto casino back in 2014.

Since then, Bitcasino has built a reputation as the most trusted and fun place to play – with much more to come in 2024. 

About Bitcasino

Founded in 2014 as part of the Yolo Group, Bitcasino is an award-winning crypto casino. With a VIP program that combines globe-spanning events and impeccable day-to-day service, Bitcasino is the go-to choice for premium crypto casino experiences. Players reap the crypto benefits with withdrawal times averaging 1.5 minutes (the fastest in the industry) and cutting-edge security measures.

Pioneering the way for original, fair rewards, Bitcasino has a custom-built loyalty program that offers exclusive privileges, cashback and free spins. Award-winning promotional features like the Bitcoin Predictor and the Casino Boost enhance players’ experience. Bitcasino offers over 4,000 slots and table games from the industry’s most renowned providers – including the exclusive Bombay Live and Bitcasino slot games.

For more information, please visit the official Bitcasino website. 

Media Contact 

Contact Name: Claudia Lama

Contact Email: [email protected]  

Bitcasino is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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New-Age Crypto Casino Rollbit Launches Cryptocurrency Trading

Press Release: Crypto casino Rollbit has launched a cryptocurrency trading feature in a bid to position itself as a leader in the cryptocurrency gambling space.

31st May 2021, Willemstad, Curacao, – Rollbit launched cryptocurrency trading on May 10th, 2021, offering the chance to bet on the price of Bitcoin (BTC) and Ethereum (ETH). Dogecoin (DOGE) and Litecoin (LTC) were also added to the trading platform more recently. Rollbit is establishing itself as a leading online casino in the cryptocurrency space, and is now embarking on a journey to make cryptocurrency trading simpler, more exciting and more accessible to the masses. 

Rollbit Leads the Pack

The new cryptocurrency trading feature offers many advantages over existing platforms, including: 

  •     Zero-Fee Trading: Rollbit only generates a return from profitable trades by taking a small percentage. There’s no slippage and no fees are applicable when opening or closing a trade (note: a funding fee may apply if a trade is open for long enough).
  •     Up to x1000 Leverage: Rollbit users can trade BTC and ETH with leverage of x1 up to x1000. For DOGE and LTC, the maximum leverage is x100.
  •     Automatic Cashout: Close trades automatically based on either a price or a dollar amount of profit/loss using the stop loss and take profit functions to manage risk.
  •     A Community Focus: Chat, trade and compete for a place on the platform’s trading leaderboard, which ranks the users with the best performing trades by profit generated and by Return on Investment. Users can also share links to trades with other users or externally, so friends can view each other’s PnL in real-time.

Rollbit is also offering users a variety of additional benefits including cashbacks, rakebacks, level up bonuses and more, and this reward system will be carried over to cryptocurrency trading as well. 

Read more about the breakdown of Rollbit rewards here.

The Future of Casinos 

Rollbit’s co-founder Razer commented:

 “We’re very excited to offer crypto trading on Rollbit. Our goal was to eliminate the complex nature of trading on traditional crypto exchanges, and the team has certainly done an excellent job. With crypto being extremely popular right now, we couldn’t think of a better time to launch this. Not only are we the first crypto casino to offer crypto trading, but users can also be rewarded for trading on Rollbit as all profit and loss contributes to our lucrative rewards program.”

Rollbit made its mark on the crypto casino industry by pioneering an innovative and provably fair game known as X-Roulette in February 2020. X-Roulette is a standard format roulette game that utilises the Bitcoin blockchain to ensure the outcomes are completely random and that the game’s results are verifiable (i.e., provably fair).

Following on from this, Rollbit will continue to innovate by extending the range of cryptocurrencies users can trade, adding unique features and introducing new provably fair games (alongside X-Roulette and Rollercoaster). 

Razer added: 

“We’re very much only just getting started, we have an extensive roadmap for trading that will deliver even more exciting features in the near future.”

To celebrate the launch of cryptocurrency trading, lookout for opportunities to win prizes as Rollbit will host several trading challenges via Twitter!

About Rollbit

Rollbit is an online casino platform specializing in cryptocurrencies. Founded in February 2020 by a team of entrepreneurs with a shared passion for online gambling, Rollbit is committed to creating unique and fun experiences for its users. The platform hosts a diverse selection of games, including slots, table games, game shows and exclusive in-house games. Rollbit is positioned at the forefront of the cryptocurrency gambling space, with instant BTC, ETH & LTC deposits/withdrawals. 

For more information about Rollbit’s latest developments, visit Rollbit’s main site here

Get in touch with Rollbit via e-mail

Join the Rollbit community on Discord

Follow Rollbit on Twitter 

Media Contact Details 

Contact Name: GrayFox

Contact Email: [email protected] 

ROLLBIT is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.