The Internet reported that the Layer2 Blockchain Boba Governance Foundation announced that it has received a US$70 million capital commitment from the Awaken Foundation and LDA Capital to fund the continued development and ecosystem expansion of the Boba Network. In addition, the Boba Governance Foundation has signed an agreement with the FTX Restoration Trust, and all BOBA tokens held by the trust have been transferred to the Foundation. The FTX Restoration Trust, among other considerations and mutual waivers of claims, also received the right to purchase up to approximately 29.4 million BOBA tokens from the Boba Governance Foundation over the next 18 months at a price of $0.09 each.