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Telegram’s TON Blockchain Builder The Open Platform Raises $28.5 Million, Hits $1 Billion Valuation

  • The Open Platform raised $28.5 million in funding to expand TON blockchain adoption, leading to a $1 billion valuation.
  • The funding will be used to launch TON-based apps globally, targeting markets in the U.S., EU, and other regions.
  • Investment aims to onboard 1 billion users through wallet and app integration within Telegram's ecosystem.
  • The funding led by Ribbit Capital and Pantera Capital highlights a shift towards equity-based investments in blockchain projects.

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