Series A Funding Round Highlights Investor Confidence in TON Ecosystem
Dubai, UAE – The Open Platform (TOP), the pioneering developer of TON-based innovations within Telegram, has secured $28.5 million in an extended Series A funding round, achieving a $1 billion valuation and cementing its status as the first unicorn in Telegram's TON ecosystem.
Key Funding Details:
- Lead Investor: Ribbit Capital (backer of Coinbase, Revolut, and Nubank), with participation from Pantera Capital.
- Total Capital Raised: Over $70 million to date, including prior seed investments.
- Strategic Focus: Geographic expansion into the U.S., EU, and other critical markets.
"This investment validates our strategy to leverage Telegram’s billion-user reach for mass crypto adoption," said Andrew Rogozov, CEO of The Open Platform.
Why This Matters: TON’s Ecosystem Growth
The funding underscores institutional confidence in The Open Platform’s role in advancing TON Blockchain—a decentralized, scalable infrastructure designated as Telegram’s exclusive blockchain partner.
Core Initiatives Supported by the Funding:
- Infrastructure Development: Enhancements to compliance, security, and licensing frameworks.
Product Launches: Scaling TOP’s portfolio of consumer-facing apps in:
- Finance: Wallet in Telegram (integrated digital assets).
- Gaming: Viral hit Notcoin (Tap-to-Earn).
- NFTs: Getgems marketplace.
- Global Expansion: Aligning with TON Foundation’s vision to onboard a billion users to Web3.
👉 Discover how TON Blockchain is revolutionizing Telegram’s economy
Investor Perspectives
Micky Malka, Ribbit Capital:
"TOP’s integration of blockchain into Telegram’s massive user base creates unparalleled opportunities for global builders."Ryan Barney, Pantera Capital:
"Supporting TOP’s team as they bridge crypto and mainstream tech is a watershed moment for Web3 adoption."
Institutional Momentum for TON
In March 2025, TON Foundation announced that top-tier investors (including Sequoia Capital and Benchmark) acquired $400 million in Toncoin—a clear signal of the ecosystem’s rising traction.
FAQ Section
Q: What makes TON Blockchain unique?
A: TON offers high scalability, decentralization, and native integration with Telegram—a messenger with 1B+ users.
Q: How will TOP use the new funding?
A: To expand regulatory-compliant services in Western markets and bolster security infrastructure.
Q: Which TOP-powered apps should I try?
A: Start with Tonkeeper (non-custodial wallet) or STON.fi (leading TON swap dApp).
👉 Explore Web3 innovations in Telegram today
About The Open Platform
TOP drives Web3 adoption in Telegram through:
- Infrastructure: Core blockchain tools.
- Consumer Apps: Finance, gaming, and NFT solutions.
Connect: Website | LinkedIn | Telegram
Media Contact:
Anna Lebedeva
[email protected]
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