Latest news with #TON-based


Business Insider
a day ago
- Business
- Business Insider
The Open Platform is first unicorn in Web3 ecosystem in Telegram at $1bn valuation
The Open Platform raises $28.5M in Series A equity funding round, showcasing investor confidence in TON's ecosystem The equity round was led by Ribbit Capital, a leading fintech and crypto investor, with Pantera Capital also participating. The investment underscores strong confidence in The Open Platform's continued development of the blockchain ecosystem in Telegram, being built on TON. The involvement of prominent investors and the raised capital will support the launch of TOP's portfolio companies across the U.S., EU, and other key regions. The Open Platform, the leading tech company developing TON-based innovations in Telegram, has announced the completion of its Series A and subsequent extension funding rounds, reaching a $1 billion valuation and becoming the first unicorn in the TON-based ecosystem in Telegram. The Open Platform raised $28.5 million in an extended Series A funding round, led by Ribbit Capital, with Pantera Capital also participating. Including this latest raise and previous seed investments, The Open Platform has now secured over $70 million in total funding. These investments demonstrate the confidence that leading investors have in The Open Platform's ability to spearhead the growth of the blockchain ecosystem in Telegram. This ecosystem is being built on TON Blockchain – a fully decentralized and highly scalable blockchain that is the exclusive blockchain partner of Telegram Messenger. The current strategic focus of The Open Platform centers on geographical expansion. The involvement of prominent investors, along with the newly raised capital, will support the launch of TOP's portfolio companies across the U.S., EU, and other key regions — in alignment with TON Foundation's global vision. This expansion will involve significant investment in go-to-market strategies, regulatory licensing, compliance infrastructure, and security enhancements, all aimed at ensuring sustainable growth and long-term success in these new jurisdictions. Andrew Rogozov, CEO and Founder of The Open Platform, said, 'This investment supports our long-term strategy to scale the adoption of blockchain-based products by leveraging the power of Telegram as a distribution channel. By combining TON Blockchain with Telegram's global reach, we're building both the infrastructure and the consumer-facing apps needed to onboard a billion users to crypto.' The Open Platform is driving the growth of the TON-based ecosystem within Telegram, building both core infrastructure and consumer-facing apps across finance, gaming, and entertainment. Products that The Open Platform has powered include Wallet in Telegram, a digital asset solution seamlessly embedded into Telegram's interface; Tonkeeper, TON's leading non-custodial crypto wallet; the leading swap dApp on TON and the developer of a liquidity aggregation protocol, Omniston; Getgems, TON's foremost NFT marketplace; Tribute, a monetization platform for creators in Telegram; and Notcoin, a viral Tap-to-Earn game, along with many more products. By integrating blockchain technology into everyday digital experience, The Open Platform is creating a seamless, scalable platform designed for a billion users, accelerating the mainstream adoption of crypto — expanding global access to financial services, and enabling a new generation of builders and developers to build the next wave of consumer dApps. This latest investment from Ribbit Capital, which has previously provided early-stage investment to Coinbase, Nubank, and Revolut, amongst many others, and Pantera Capital, is a testament to the potential these investors see in the integration of blockchain technology into a messenger application with over a billion users. Micky Malka, Founder of Ribbit Capital, said, "We back teams that reimagine how the world experiences money and technology. The Open Platform's vision of building an intuitive and open platform that enables a robust digital ecosystem to form within Telegram — a platform used by hundreds of millions — opens a new frontier of opportunities for builders and users on a global scale.' 'We're thrilled to back this exceptional team led by Andrew. The opportunity to support groundbreaking tech and financial products that reach 1 billion people is inspiring," said Ryan Barney, Partner at Pantera Capital. 'We're excited to collaborate with the TOP team and strengthen our commitment to TON and Telegram's ecosystems.' TON Blockchain has been the subject of increased institutional interest throughout this year. In March, TON Foundation announced that several leading investors, including Sequoia Capital, Ribbit Capital, Benchmark, Draper Associates, Kingsway, Vy Capital, Libertus Capital, CoinFund, SkyBridge, Hypersphere, and Karatage, have acquired and now hold $400 million worth of Toncoin, signaling growing interest in the TON-based ecosystem in Telegram. The Open Platform (TOP) is the leading tech company developing Web3 innovations in Telegram. TOP is fueling the Telegram economy through both foundational infrastructure and consumer-facing apps. By integrating blockchain technology into day-to-day digital experience, TOP is building a seamless, scalable platform designed for a billion users — accelerating the mass adoption of crypto. Contact
Yahoo
16-06-2025
- Business
- Yahoo
TON-Based Protocol Affluent Wants to Make Telegram a Financial Super App
A TON-based money market protocol wants to make messaging platform Telegram a super app for decentralized finance (DeFi). Affluent, which will be accessed as a mini app within Telegram, has debuted as a kind of "smart bank for crypto," serving as a one-stop hub, providing lending pools and yield strategies, according to an emailed announcement on Monday. One of Affluent's co-founders is Justin Hyun, former director of the TON Foundation, which was formed to continue the development of the network when it was abandoned by Telegram in 2020. Along with his colleague Hyung Lee, co-founder of DeFi research and development project B-Harvest, Hyun said in the announcement that Affluent aims to make Telegram a "financial super app, using crypto to provide everyday savings to retail users and sticky liquidity for institutions." A super app is a mobile or web application that offers multiple services on one platform, such as Grab or Uber. In the financial world, Tencent's WeChat is a notable example of an app that offers instant messaging, a digital wallet, mobile payments, loans, credit scoring and more. One of the most commonly cited impediments to wider DeFi adoption is the oft-uneven user experience. Developers may, therefore, attempt to tackle this by centering products within apps that they know users can already easily navigate, like Telegram. During its development, overseen by the Foundation, Telegram kept TON at arm's length, stressing that it was a separate entity. However, in September 2023, Telegram formally endorsed TON as its blockchain of choice for Web3 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Business Upturn
13-05-2025
- Business
- Business Upturn
TON Wallet Tonkeeper Launches Pro App on iPhone, bringing advanced crypto to mobile
By GlobeNewswire Published on May 13, 2025, 22:58 IST BELIZE CITY, Belize, May 13, 2025 (GLOBE NEWSWIRE) — Tonkeeper , the leading self-custodial wallet for The Open Network (TON), today announced the official launch of Tonkeeper Pro for iPhone, bringing its professional-grade crypto experience to mobile for the first time. Previously available only on desktop, Tonkeeper Pro was developed for high-frequency and high-volume users, including teams, investors, and businesses, who require precision, flexibility, and full operational control over their TON-based assets. 'Tonkeeper Pro on iPhone is a unique product in the entire crypto industry—a full-desktop, self-custody wallet packed with pro tools such as multi-signature wallets, folders, multi-send, and two-factor authentication, now available on iPhone. We optimized the design for quick, multi-modal navigation to make it as easy to use as on a desktop. Tonkeeper Pro is a dream app for every CFO, SRE, and crypto investor,' said Oleg Andreev, CEO of Tonkeeper. Professional Features, Now on iPhone With this release, the complete Tonkeeper Pro feature set is now accessible on iOS, without compromising the speed, structure, or security expected from professional tools. – Multi‑wallet Management. Create individual wallets or group up to three 'subwallets' under a single recovery phrase at no extra cost. Organize an unlimited number of wallets across multiple accounts. – USDT (TRC‑20) Transfers. Send USDT on the TRON network without holding any TRX. Network fees are handled in advance by Tonkeeper Battery, which you can top up with TON, USDT on TON, or a bank card. – On‑chain 2FA and Multisig. Protect your funds with Telegram‑powered on‑chain two‑factor authentication and import existing multi‑signature wallets. – Pro‑only Upgrades. Upgrade at any time to unlock unlimited subwallets, create new multisign wallets, choose custom interface themes, and soon take advantage of batch 'multi‑send' transactions. One Wallet Available on Every Device Tonkeeper Pro for iPhone is now available on the App Store with a three‑month free trial that you can activate directly in‑app. It runs on a unified platform across desktop, web, and mobile, ensuring consistent performance and a seamless user experience. Desktop users can even scan a QR code from their dashboard to sync and install the mobile version in seconds. Teams, investors, and businesses can download Tonkeeper Pro and explore its advanced feature set at Tonkeeper Pro is available today on the App Store . About Tonkeeper Tonkeeper is the leading non-custodial wallet for the TON blockchain. The company has created innovations such as Tonkeeper Battery for handling token and NFT fees and TON Connect for secure connection to thousands of web3 apps. In addition, Tonkeeper also has the largest developer platform on TON, TON API used by over 80% of projects in the ecosystem. About Tonkeeper Pro Tonkeeper Pro is the extended version of Tonkeeper designed for advanced users from Web3 enthusiasts to DAOs and businesses who require a powerful and efficient solution for managing digital assets. Tonkeeper Pro wallet provides advanced functionality coupled with robust security for solo users and project teams. Tonkeeper Pro provides powerful features such as Multi-Send, Multisig Wallets, Multi-Accounts, Gasless Transactions & Tonkeeper Battery, and Ledger Support. Available on all major platforms – iPad, Linux, Web, and Desktop. Contact: Marketing LeadValeriia VarentsovaTonkeeper [email protected] Disclaimer : This is a paid post and is provided by Tonkeeper. 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