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The Open Platform Becomes First Web3 Ecosystem in Telegram to Hit $1 Billion Valuation

  • The Open Platform has reached a $1 billion valuation after completing a series A funding round, becoming the first unicorn in the TON-based ecosystem in Telegram to reach this milestone.
  • The funding round, led by Ribbit Capital and supported by key players like Pantera Capital, has raised $28.5 million, with a total of $70 million secured in this and the previous round.
  • The Open Platform, built on the TON Blockchain, aims to expand geographically with a focus on the U.S., EU, and other regions. The funding will support initiatives like go-to-market strategies, regulatory compliance, and security enhancements.
  • The project, led by CEO Andrew Rogozov, plans to leverage Telegram's global reach to scale blockchain product adoption. Its consumer-facing apps like Wallet in Telegram and Tonkeeper aim to bring blockchain technology to everyday digital experiences.

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